Buildnow is the first company in Saudi Arabia providing the Build Now Pay Later solution, funding the purchase of raw materials on credit.
Buildnow is 13X faster than traditional credit. Our terms are designed for the construction sector. And we don't need collateral.
You must first register and on board on to the Buildnow portal. Once you are approved, you may request for credit for the purchase and supply of any raw materials through the Buildnow portal itself.
Our pricing depends on a number of risk factors and differs on a case-by-case basis.
Once all the requested documents are uploaded correctly, we take 2 working days to finalize the onboarding.
Approval of credit takes 3 working days provided all the correct information and documents are provided.
Payments are processed within 24 hrs of approval.
We fund a minimum purchase of SAR 100,000 and a maximum of SAR 1,000,000 of credit per transaction.
All activities carried out by Buildnow are in accordance with the provisions of Shari'ah law.
Valid Saudi Commercial Registration. Minimum of one full year of operations. Minimum of SAR 4,000,000 in revenue.
Buildnow does not take collaterals from SMEs. Buildnow typically requires an owner's promissory note.
Buildnow accepts a one-time payment after the agreed credit duration has concluded. We do not accept part payments. We offer between one and six months of credit.
All communications are done via the Buildnow portal. In case of any technical issues, you may contact info@Buildnow.com.
No, Buildnow only offers to facilitate the purchase of your requested items on credit.
No, you will not require a guarantor to work with Buildnow.
Yes, you must first register on the Buildnow portal.
You can. The details will depend on your credit score/payment history.
No, we don't currently offer any such facility.
Yes! It is possible to get approved without having to ever visit our office.
Yes, as long as your documents match our criteria.
You're most likely non-compliant with our conditions. We encourage you to get in touch and try again.
All communications are done via the Buildnow portal. In case of any technical issues, you may contact info@Buildnow.com. You may also contact us through WhatsApp via the link on our website or in the portal, or by calling 0563220640.