Saudi ORIX Leasing Company; the first lease financing company of its kind in the Kingdom was incorporated on January 16, 2001 as a closed joint stock company with a mandate to provide medium term asset financing to all productive sectors of the economy with particular emphasis to serving the needs of small to medium size enterprises and thereby, assist in extending and serving the needs of small to medium size enterprises and thereby, assist in extending and expanding the credit delivery mechanism in the Kingdom. The company was issued a license by the Foreign Investment Committee and is under the supervision of the Saudi Monetary Agency as a non-bank financial institution. Prestigious Saudi and International institutions sponsor the company.