Since its establishment in 2001, Yenal has played a pioneering role in the development of the financial services market in Saudi Arabia. This is due to its unique ability to provide high-quality financing solutions tailored to meet the needs of entrepreneurs and investors. The company continues to strive to provide medium-term asset finance to all productive sectors with a special focus on the needs of SMEs. Because the company has a good reputation and credibility, it was an excellent choice for those looking for financing solutions.
(a) Leasing service:
This service includes all asset purchase requirements, leasing of commercial vehicles and real estate, as well as leasing of state-of-the-art equipment.
(2) Sale and leaseback:
This service helps you to have cash flow by evaluating your current assets such as equipment, machinery, factories, and vehicles and providing a fair purchase price, then Yenal buys these assets at the agreed price and then leases them to your company or factory.
(3) Murabaha financing:
Yenal buys the goods and assets on behalf of the customer and then sells them to the customer at cost and a profit margin on specific terms and the customer settles the amount payable in installments.
(4) Subsidized financing from Kafalah.
(5) Subsidized financing from Monsha’at.
The required installments are paid electronically to Yanal, and the payment code for Yanal is 165. It is worth noting that “Yanal” accepts payments transferred directly to its bank accounts, as it holds accounts with most commercial banks operating in the Kingdom of Saudi Arabia. Additionally, “Yanal” accepts checks written to them and provides a check collection service for its clients. However, it should be emphasized that “Yanal” never accepts cash payments.
