Financing via THARA
Finance your real estate project while preserving your assets.
At Thara Crowdlending, we offer a diverse range of financing solutions for companies in the real estate development sector, following clear and secure steps in accordance with the regulations set by the Saudi Arabian Monetary Authority (SAMA).
Why choose Thara
Access to a large number of investors.
Thorough credit assessment.
Diverse options tailored to your real estate financing needs.
OUR FRAMEWORK
Profit-sharing ratio
The profit-sharing ratio starts at 0.7% per month
Funding Size
The funding size can reach up to 7.5 million Saudi Riyals per unit
Commitment to Shariah Compliance
All offered products are Sharia-compliant and approved by the Sharia Committee
Who is eligible for Financing ?
Companies specialized in real estate development with audited financial statements for at least one year can qualify for financing.
WHAT LOANS CAN YOU APPLY FOR?
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Quisque a quam ac ipsum feugiat tempor vitae ut quam. Curabitur fringilla justo ac est tristique, at interdum ipsum facilisis. Sed vitae cursus erat. Suspendisse molestie tempor arcu. Donec gravida ultricies arcu. Nunc lobortis viverra enim ut dignissim. Duis eget quam dapibus, porttitor lorem ut, eleifend enim.
Quisque a quam ac ipsum feugiat tempor vitae ut quam. Curabitur fringilla justo ac est tristique, at interdum ipsum facilisis. Sed vitae cursus erat. Suspendisse molestie tempor arcu. Donec gravida ultricies arcu. Nunc lobortis viverra enim ut dignissim. Duis eget quam dapibus, porttitor lorem ut, eleifend enim.
Quisque a quam ac ipsum feugiat tempor vitae ut quam. Curabitur fringilla justo ac est tristique, at interdum ipsum facilisis. Sed vitae cursus erat. Suspendisse molestie tempor arcu. Donec gravida ultricies arcu. Nunc lobortis viverra enim ut dignissim. Duis eget quam dapibus, porttitor lorem ut, eleifend enim.
HOW TO START
Loan application
Fill in our application and we will contact you for a non-binding interview
Loan offers
Read and accept the terms of the binding loan offer from Thara
Get funding
The loan is posted on the platform and becomes available to the crowd
Payment
The loan is paid out and Thara handles all interest payments
FAQs
Frequently asked questions
Any company or institution based in the Kingdom of Saudi Arabia, with a valid and current commercial register, operating in the real estate or contracting sector, and has previous projects, can apply for financing.
The most important required documents are:
- A valid commercial register.
- Audited financial statements for the last 3 years.
- Valid IDs of the owners.
- (if a limited liability company).
- A complete file about the project subject to the financing application.
- A Collateral title deed to the property to be mortgaged.
The profit margin is determined based on the customer's credit study and repayment period.
According to the instructions of the Saudi Central Bank in the rules for practicing the activity of crowdfunding, the opportunity gets canceled, and return the invested amounts to the investors.
The administrative fees are deducted from the financed amount before it is disbursed to the borrower's account.
Yes, and the profits for the remaining period are waived.
According to the rules for practicing the activity of crowdfunding, issued by the Saudi Central Bank the repayment period must not exceed 60 months.
