Small and medium-sized enterprises (SMEs) in the construction and manufacturing sectors often face challenges in securing timely funding for raw materials, which can lead to project delays and hinder their ability to scale operations. Traditional financing options may not align with the unique cash flow needs of these businesses, creating a barrier to growth.

Aajil provides a "Build Now Pay Later" solution designed to address the financing gaps faced by construction and manufacturing SMEs. The platform offers immediate access to credit for purchasing raw materials, enabling businesses to acquire necessary resources without upfront capital constraints. Aajil facilitates flexible repayment terms tailored to the specific cash flow cycles of SMEs, improving financial management and project execution. By streamlining the procurement process and offering convenient payment options, Aajil empowers SMEs to expand their operations, increase production, and enhance product quality.

Credit lines up to 2 million Saudi Riyal for raw material procurement

Flexible repayment plans aligned with project timelines and revenue cycles

Digital platform for submitting purchase requests to approved suppliers

Rapid credit approval process with minimal paperwork

Sharia-compliant financing options

Integrated platform for tracking orders and managing payments

Option for suppliers to receive upfront payment, ensuring smooth cash flow

Aajil primarily targets construction manufacturing SMEs, suppliers, traders, and contractors seeking flexible financing solutions to manage their working capital and improve project delivery.

Aajil generates revenue through financing fees and commissions charged on each transaction facilitated through its platform.