Lendo Reaches SAR 2 Billion in SME Financing
We’re excited to announce that Lendo has reached SAR 2 billion in financing, doubling our previous figure in just 10 months. This milestone reflects the confidence of our 50,000 investors and the resilience of Small and Medium Enterprises (SMEs) in Saudi Arabia. Each investment represents more than money—it’s about fueling ambition and creating a brighter future.
As a Shariah-compliant debt crowdfunding platform under the regulation of the Saudi Central Bank, Lendo connects local businesses in need of short-term financing with investors seeking meaningful opportunities. We’re building a community where every investment has a real impact.
Supporting SMEs to Grow
This milestone means thousands of SMEs have not just survived but have grown stronger, with an average growth rate of 20% and the creation of 20,000 jobs. These businesses are revitalizing communities and contributing to Vision 2030’s goal of increasing SME contributions to GDP by 35%.
Changing the Way Businesses Access Capital
Lendo is reshaping business financing. Our model allows SMEs to secure funding through invoice and purchase order financing, ensuring they have the capital needed to grow and navigate challenges. With support from the Capital Development Fund (CDF) and the Tourism Development Fund (TDF), we’re providing additional resources that help businesses overcome obstacles and seize new opportunities.
A Community Built on Trust and Success
Our success is driven by a community that shares common goals. For businesses, Lendo is more than a financing platform; it’s a partner on the path to success. For investors, it’s an opportunity to earn returns while making a positive difference.
Your Investments, Lasting Impact
This achievement wouldn’t have been possible without our committed investors. With over 4,300 investment opportunities, you’ve helped SMEs grow by an average of 30% and create 50% more jobs, while earning an average return of 15.4%. Your support has made a lasting impact on the Saudi economy.
Commitment to Fairness and Transparency
At Lendo, we’re committed to fairness and transparency. We follow the strict standards set by the Saudi Central Bank and Shariah principles, ensuring every transaction is conducted ethically and with integrity.
Join Us in Celebrating: Special Offer
To mark the SAR 2 billion milestone, we’re offering 0% success fees from 18 Aug 2024 to 24 Aug 2024. Take advantage of this limited-time offer and maximize your investment returns.
Offer Terms and Conditions:
- Valid for investment opportunities from 15 Aug 2024 to 24 Aug 2024.
- Applies to all investors.
Celebrate this milestone with us and enjoy zero success fees on your investments!