Business

Alraedah Finance, a leading SME financier, has announced a strategic partnership with Methods Coffee Shop, a Saudi specialty coffee brand, to support franchise financing for the brand's nationwide expansion. The announcement took place during the Biban event, organized by the Small and Medium Enterprises General Authority (Monshaat), showcasing Alraedah’s dedication to fostering growth within Saudi Arabia's food and beverage (F&B) sector.

Methods Coffee Shop, established in 2018, has rapidly become a renowned name in the specialty coffee market, expanding from a 40-square-meter space to six locations across Jubail and Al Khobar in just five years. The brand aims to grow further throughout the Kingdom, with aspirations to lead the GCC market by upholding high standards, innovation, and a sustainable business model.

Yasser AlAhmadi, CEO of Methods Coffee Shop, expressed enthusiasm about the partnership: "At Method, we have always envisioned expanding beyond our flagship location. Alraedah's financial backing and operational guidance have enabled us to scale while preserving our coffee culture’s quality and authenticity."

Through this partnership, Alraedah Finance will provide franchisee financing solutions to support Methods Coffee Shop's expansion across Saudi Arabia. This agreement follows a similar recent partnership with Cookies N’ Cream, highlighting Alraedah’s role in empowering local F&B brands.

“Our partnership with Methods Coffee Shop allows us to support a rapidly growing local brand known for quality and innovation,” said Abdulaziz Aldwood, CEO of Alraedah Finance. "We are committed to delivering the best financial solutions to the F&B industry, helping brands like Methods achieve their ambitious expansion goals."

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