Saudi ORIX Leasing Company (SOLC), 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 expanding the credit delivery mechanism in the Kingdom.
SOLC operates under commercial registration No. 1010163957 issued in Riyadh on 21 Shawal, 1421 H (corresponding to January 16, 2001), and non-industrial license No.99 dated 27 Safar 1421 H (corresponding to May 31, 2000) issued by the Ministry of Industry and Electricity, through its three branches in the Kingdom of Saudi Arabia.