Riyadh - Exclusive Sharikat Mubasher: The Saudi-based financing company, Tayseer Finance, shifted its focus to bolster the growth of the Saudi tourism sector and meet its changing needs, Corporate Relations Manager Abdulrahman Al-Muhaish told Sharikat Mubasher.

In an interview held on the sidelines of Biban 2024, Al-Muhaish noted that this shift solidifies the company’s position as a strategic financing partner.

He noted that Tayseer Finance, backed by the Tourism Development Fund (TDF), participated in Biban 2024 to empower small and medium-sized enterprises (SMEs) to access credit facilities easily.

The official noted that the company offers SME owners diverse financing solutions that cover cash financing, transportation leasing, production lines, and equipment finance.

He further affirmed that Tayseer Finance offers flexible financing programs with easy payment terms.

Tayseer Finance, one of the Al Jomaih Holding companies, was licensed by the Saudi Central Bank (SAMA) in 2015 to provide leasing services.

Biban 2024, the flagship event for startups and entrepreneurs in Saudi Arabia, takes place in Riyadh from 5 to 9 November with the participation of more than 1,350 local and international exhibitors, over 250 speakers, and more than 150 enablement entities from around the world.

It focuses on empowering the entrepreneurial ecosystem in Saudi Arabia for local and international entrepreneurs through nine doors: Enablement Door, Fast-growing Enterprises Door, Funding and Investment Door, Startup Door, Innovation Door, E-commerce Door, Franchise Door, Market Door, and Start Door.