This collaboration aims to empower SMEs associated with Aramco's ecosystem and the Kingdom's industrial sector across the projects, manufacturing, and services sectors.

By providing access to fast financing solutions, their financial liquidity and operational efficiency will be enhanced and improved, while funding challenges faced by these enterprises will also be addressed.

The collaboration is expected to expand SMEs' access to financing, where financing opportunities within the Aramco ecosystem are expected to reach approximately SAR1.5 billion over the next five years. This will be achieved through a seamless financing experience, streamlined procedures, and flexible repayment plans of up to 12 months, in compliance with Sharia principles. The financing solutions offered include working capital, invoices, payroll, and purchase order financing.

This collaboration builds on the strategic partnership between SME Bank and Manafa, which began in 2023 as part of the bank’s efforts to support the innovative financing ecosystem and expand SMEs’ access to modern financing solutions.