{"id":3933,"date":"2025-08-21T14:01:54","date_gmt":"2025-08-21T11:01:54","guid":{"rendered":"https:\/\/ksa.fintechnews.media\/?p=3933"},"modified":"2025-08-21T14:01:54","modified_gmt":"2025-08-21T11:01:54","slug":"saudis-perfect-presentation-for-commercial-services-co-2p-secures-35mln-financing-deal-with-arab-national-bank","status":"publish","type":"post","link":"https:\/\/ksa.fintechnews.media\/?p=3933","title":{"rendered":"Saudi\u2019s Perfect Presentation for Commercial Services Co (2P) secures $35mln financing deal with Arab National Bank"},"content":{"rendered":"<p><strong>Source: <a href=\"https:\/\/www.zawya.com\/en\/business\/banking-and-insurance\/saudis-2p-secures-35mln-financing-deal-with-arab-national-bank-hre50fc5\" rel=\"nofollow noopener\" target=\"_blank\">Zawya<\/a><\/strong><\/p>\n<p>New deal, which increases firm\u2019s credit line, to help fund new ventures.<\/p>\n<p>Saudi Arabia\u2019s <a href=\"https:\/\/www.2p.com.sa\/en\" rel=\"nofollow noopener\" target=\"_blank\">Perfect Presentation for Commercial Services Co (2P)<\/a> has increased its credit line with Arab National Bank.<\/p>\n<p>The listed firm signed a new financing deal with the lender, raising its facility to SAR 135 million ($35.9 million).<\/p>\n<p>The company said it looks to boost its liquidity as it undertakes new ventures.<\/p>\n<p>\u201cThe funds are to be utilised for new awarded projects [particularly for] issuing letters of guarantee, letters of <a href=\"https:\/\/ksa.fintechnews.media\/2025\/06\/02\/afs-and-mawarid-finance-spearhead-digital-transformation-in-credit-card-services\/\" target=\"_blank\" rel=\"nofollow noopener\">credit<\/a> and invoice financing,\u201d it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: Zawya New deal, which increases firm&rsquo;s credit line, to help fund new ventures. Saudi Arabia&rsquo;s Perfect Presentation for Commercial Services Co (2P) has increased its credit line with Arab National Bank. The listed firm signed a new financing deal with the lender, raising its facility to SAR 135 million ($35.9 million). The company said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3934,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[254],"tags":[],"class_list":["post","format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts\/3933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3933"}],"version-history":[{"count":2,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts\/3933\/revisions"}],"predecessor-version":[{"id":3936,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/posts\/3933\/revisions\/3936"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=\/wp\/v2\/media\/3934"}],"wp:attachment":[{"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksa.fintechnews.media\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}