Short Definition

Replacing current loan with new one with better terms like lower interest rate, improving cash flow and saving money for borrower.

In Other Languages

Arabic
إعادة التمويل

استبدال قرض حالي بقرض جديد بشروط أفضل كنسبة فائدة أقل، يحسن التدفق النقدي ويوفر مالاً للمقترض.

English
Refinancing

Replacing current loan with new one with better terms like lower interest rate, improving cash flow and saving money for borrower.

Turkish
Yeniden Finansman

Mevcut krediyi daha düşük faiz oranı gibi daha iyi şartlarla yenisiyle değiştirme; nakit akışını iyileştirir ve borçluya tasarruf sağlar.

Related Terms

Amlaki

About Amlaki

Amlaki is an integrated Saudi real estate management system, supporting agencies and owners in managing rentals, maintenance, and reports with high efficiency, fully compliant with the Ejar platform and Kingdom regulations.

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