09 / FINANCE
Sanad Lending
Invoice finance for small contractors in Saudi Arabia.
Sanad Lending advances against approved invoices for contractors working on government projects. Stratos79 participated in its Series A.
The group is a shareholder. Corniche Capital provides part of the debt facility on arm's length terms.
- Category
- Investments
- Sector
- Finance
- Headquarters
- Riyadh, Saudi Arabia
- Founded
- 2020
- Ownership
- 11%
- Year invested
- 2024
- Round
- Series A
- Co-investors
- Impact46