Dear Investors,
We are seeking a loan of 250,000 SAR for one-year term. Repayment may be made as a single lump sum or through a mutually agreed schedule.
The financing is needed following the economic slowdown that began in March and April 2026 amid the conflict in Iran, which has significantly affected Saudi Arabia’s hospitality sector.
For 36 years, we have operated a Riyadh-based business specializing in professional kitchen equipment and spare parts.
We currently have pending customer orders valued at more than SAR 200,000.
Additional financing is required to fulfill these orders while revenue remains significantly below normal levels.
This loan would enable us to purchase the goods and materials needed to complete these pending orders and to meet the company’s financial obligations for the remainder of 2026 and throughout the beginning of 2027 to cover the essential operating cost.
As collateral, we can assign a receivable arising from the bankruptcy proceedings of Oger company in Saudi Arabia, with Settlement is expected during 2027, (supporting documentation is available upon request).
We would be pleased to provide any additional information or documentation required to evaluate this request.
Thank you for your consideration of our request.
Best Regards,
Alain B. Unsain
General Manager
New Advanced Cooking Est. (NACE)
2472, Prince Thamar Bin Abdulaziz St.
8791 Al Malaz district – REMB2472
Riyadh 12641 - Saudi Arabia
Tel +966 11 402 9570
Mo +966 503 203 893
Mail [email protected]