Obtaining a loan in Saudi Arabia is a common financial practice, but the process involves specific requirements that individuals and businesses must meet to secure the financing they need. This article aims to provide a clear understanding of these requirements, helping borrowers navigate the Saudi Arabian lending landscape effectively. See over here to choose the best finance company in Riyadh. Valid residence permits (Iqama): For expatriates and Saudi nationals alike, possessing a valid residence permit (Iqama) is a fundamental requirement to obtain a loan in Saudi Arabia. Lenders typically request a copy of your Iqama as proof of your legal status within the country. Stable source of income: Lenders need assurance…