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FAQ

What types of equipment can be leased?

» AJIL finances all tangible forms of moveable equipment, including various types of machinery, contracting and construction equipment, office equipment, medical equipment, printing equipment as well as commercial vehicles such as trucks and buses.

Can a vehicle be leased to an individual?

» No, AJIL only caters to corporate clients.

What is the maximum lease period?

» The lease duration is 60 months

Can old or used equipment be leased?

» While AJIL will consider lease financing previously owned equipment, the decision to lease finance will turn upon the assessed value of the equipment.

Does AJIL lease assets which are physically outside Saudi Arabia?

» AJIL does not provide cross border financing.