ZCG Arabia, the Saudi arm of the global investment and consulting firm Z Capital Group (ZCG), has officially launched a direct lending platform in Saudi Arabia. The new initiative is set to provide Shariah-compliant financing solutions to small and medium-sized enterprises (SMEs) across the Kingdom.
Quick Facts
- What: A direct lending platform for SMEs.
- Market: Kingdom of Saudi Arabia.
- Financing: Shariah-compliant structures.
Aligning with Saudi Vision 2030
The platform’s launch is timed as Saudi Arabia actively pursues its Vision 2030 objectives, which heavily emphasize private sector development and SME growth as key pillars for economic diversification. ZCG Arabia aims to support this national strategy by providing high-growth businesses with tailored financing structures.
More Than Just Capital
ZCG Arabia’s offering extends beyond traditional lending. The integrated platform provides SMEs with access to the group’s wider resources, including ZCG Consulting, an advisory business focused on operational improvement.
Additionally, companies can leverage Haptiq, ZCG’s AI-powered enterprise technology platform. Haptiq is designed to help organizations improve workflow efficiency and decision-making through advanced analytics and digital tools. This combination of capital, operational expertise, and technology is intended to support companies in their long-term growth.
Tapping a High-Growth Market
James Zenni, Founder, Chairman, and CEO of ZCG, commented on the expansion, stating, “Saudi Arabia remains one of the most attractive long-term growth markets in the region, particularly within the SME sector.”
He added that the platform will offer senior secured, asset-based financing alongside other Shariah-compliant funding solutions tailored to local business needs. Zenni noted that this integrated approach allows the firm to contribute to company growth beyond a typical financing relationship.
About ZCG Arabia
ZCG Arabia is the Saudi-based entity of Z Capital Group, a New York-headquartered firm founded in 2006. The parent company operates across private market asset management, business consulting, and enterprise technology solutions. ZCG maintains a global presence with offices in markets including Riyadh, Singapore, Warsaw, Mumbai, and Pune.
Source: Entarabi
