In a landmark move that reaffirms its position as a leader in financial innovation, National Bank of Kuwait NBK has announced the launch of Kuwait's first-ever Point-of-Sale POS Financing solution, exclusively tailored for small and medium enterprises SMEs.
This groundbreaking service marks a major milestone in SME banking, offering businesses access to financing of up to KD 30,000, based solely on their sales processed through NBK's POS devices a first-of-its-kind offering in the local market.
NBK's POS Financing solution is designed to meet the real needs of growing businesses. Eligible customers those with POS sales exceeding KD 50,000 over the past 12 months can apply easily through NBK's business banking channels. Once approved, funds are deposited directly into their accounts, enabling swift access to capital for expansion, equipment purchases, inventory management, and day-to-day operations.
