AJIL Financial Services Company

Company Description

AJIL Financial Services is operating as an independent financial services provider, specialized in financing capital assets through an array of financial products. Aided with local market knowledge and the experience from global financial institutions, AJIL is AJIL Financial Services Companyll prepared to serve you better in all means with adding new quality to financial services we provide. The company was established as a closed Joint stock company with major national and international share holders. The shareholders of the company � Riyad Bank � Zahid Group Holding Company Limited � Mitsubishi Corporation � Mitsubishi UFJ Lease & Finance Company Limited � Khaled Ahmed Al-Juffali Company Limited � Al Wasilah Rent a Car Company Limited � Al Yamni Motors Company Limited Recently, the capital was raised to SR 500 million. Our company provides financing solutions for companies to acquire capital assets, including electrical power generation, material handling, industrial, medical, printing, agricultural and engineering equipment, as well as transportation requirements including trucks, cars and buses. We also can support you to enhance your working capital position by providing additional funds against your existing recently purchased fixed assets. Our main products are; Lease to own, Lease to own helps you to acquire new fixed assets. We are willing to finance maximum up to 80% of the purchase price of the proposed asset. The ownership of the asset will be with our company and will be transferred to your organization upon the completion of the final installment. Sale and lease back, The Sale and lease back facility provides you with additional cash to ease your working capital position. We can buy your recently purchased fixed assets at the current net book value and provide you with financing up to 80% of the value. Property Financing, we also happy to support you providing funds against your existing commercial property as well as if you wish to acquire new commercial property. More details in this regard can be provided upon request. The period of the financial facility is 36 months in equal installments; however the terms and conditions can be negotiated based on your requirement, financial strength and the nature of the proposed asset. Please be advised that the final decision for financing is subject to company credit criteria and the final approval of the credit committee.