Getting Started with Oan Finance
Welcome to Oan Finance's business documentation. This guide will help you understand our digital lending platform for micro enterprises in Saudi Arabia.
Quick Overview
What We Offer
Loan Product Features
- Amount Range: SAR 100,000 to SAR 500,000
- Tenure: 6 to 36 months
- Profit Rate: Starting from 13%
- Target: Micro Enterprises in Saudi Arabia
Eligibility Criteria
- Established businesses (1+ years of operation)
- Minimum annual revenue of SAR 1,000,000
- Valid Commercial Registration
- Good credit standing
Customer Journey
1. Application Process
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Digital Registration
- Online application
- Basic information collection
- Initial eligibility check
-
Document Submission
- Commercial Registration
- Financial statements
- Bank statements
- Additional documentation
-
Assessment & Approval
- Credit evaluation
- Risk assessment
- Offer generation
- Contract preparation
2. Post-Approval Process
- Digital contract signing
- Disbursement process
- Payment schedule setup
- Account management
Risk Management
Credit Policy Overview
- Risk assessment criteria
- Documentation requirements
- Approval workflows
- Monitoring procedures
Compliance Requirements
- SAMA regulations
- AML/CFT compliance
- Data protection
- Customer documentation
Operational Procedures
Daily Operations
-
Application Review
- Document verification
- Credit assessment
- Risk evaluation
- Decision making
-
Customer Service
- Query handling
- Document collection
- Status updates
- Support provision
Reporting & Monitoring
- Portfolio performance
- Risk metrics
- Compliance reporting
- Business analytics
Support & Resources
Key Contacts
- Business Support: business@oanfinance.com
- Technical Support: support@oanfinance.com
- Emergency Support: emergency@oanfinance.com
Additional Resources
- Product guidelines
- Process flowcharts
- Policy documents
- Training materials
Next Steps
- Review the Loan Product details
- Understand the Credit Policy
- Learn about Operational Procedures
- Review Compliance requirements