Factory and Industrial Loan (MODON)

Product Details

Factory and Industrial Loan - MODON

To enable the investor to submit a request for financing, including allocation of land for industrial investment through a unified request. As one of the joint products by RCJY and Saudi Industrial Development Fund (SIDF) in a standardized industrial package.

Objectives

Saving time and effort of the investor by meeting requirements and procedures of SIDF and MODON.

To ensure the speed of procedures.

To encourage the investor in the industrial sectors

Advantages

Paying the factory rent after the loan’s approval

15% discount from the annual rent for the first 5 years, not exceeding 20,000 SAR in some industrial cities

Product request