3rd Industrial City, Jeddah, Kingdom of Saudi Arabia Aramco Vendor #10116102
ALFA AL-ARABIA ALFA AL-ARABIA Manufacturing Co. · KSA
ALFA AL-ARABIA
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PROCUREMENT

Credit Terms & Payment Methods

Credit Terms & Payment Methods. ALFA AL-ARABIA Manufacturing Co., Jeddah. Aramco Vendor #10116102.

ALFA AL-ARABIA Manufacturing Co. provides a streamlined procurement process for contractors, consultants, distributors, and end-users across Saudi Arabia. Our Jeddah factory ships factory-direct to all 13 administrative regions. Contact our sales engineering desk for project-specific pricing and technical documentation.

CompanyALFA AL-ARABIA Manufacturing Co.
Location3rd Industrial City, Jeddah, KSA, KSA
Aramco Vendor#10116102
Phone+966 50 183 5126
Emailsales@alfaalarabia.co
RFQ

Request a quotation

Direct pricing from the Jeddah plant, with technical submittal support.

TECHNICAL SPECIFICATION & PROCUREMENT GUIDE

Contractor Credit Facilities & Commercial Payment Terms

Commercial credit policy and structured payment facility guidelines for qualified general contractors, MEP engineering firms, and municipal infrastructure developers.

Commercial Credit Facility Tiering Structure

Credit Facility TierEligible Contractor ClassificationStandard Payment TermsCredit Limit RangeCollateral / Security Required
Tier 1: Strategic EnterpriseSaudi Aramco / Giga-Project Main Contractors60 to 90 Days End of MonthSAR 2,000,000 - SAR 10,000,000+Corporate Guarantee / Master Agreement
Tier 2: Prime ContractingClass A / Class B General Contractors30 to 60 Days from DeliverySAR 500,000 - SAR 2,000,000Promissory Note (Sanad Amr) / Trade References
Tier 3: Commercial TradeMEP Subcontractors & Regional Stockists30 Days from InvoiceSAR 100,000 - SAR 500,000Bank Verification & Commercial Registration
Tier 4: Project SpecificSpecial Purpose Vehicles & Joint VenturesMilestone / Letter of Credit (LC)Per Project Contract ValueProject Escrow / Irrevocable Bank LC
PROCUREMENT & SPECIFICATION FAQS

10 Frequently Asked Questions & Operational Guidelines

Real-world procurement, compliance, testing, and delivery clarifications for project contractors.

1. How do contractors apply for commercial credit with ALFA?

Submit our Contractor Credit Application form accompanied by your Commercial Registration, VAT certificate, recent audited financial statements, and three commercial trade references.

2. How long does the credit evaluation process take?

Credit assessments are completed by our finance review committee within 3 to 5 business days. Fast-track 24-hour review is available for pre-qualified Aramco main contractors.

3. What standard payment terms are available once approved?

Approved contractors typically operate on 30, 45, or 60 days credit from the date of material delivery and invoice issuance, tailored to your project cash flow schedule.

4. Can credit facilities be allocated to a specific project contract?

Yes. We offer Project-Specific Credit Lines tied directly to individual public tenders or giga-project milestones, providing higher limits without impacting general corporate credit.

5. Does ALFA accept Letters of Credit (LC)?

Yes. We regularly transact via confirmed Irrevocable Letters of Credit issued by accredited Saudi and international commercial banks.

6. Are early payment discounts available for credit accounts?

Yes. We offer attractive early settlement discounts (typically 2% to 3%) for invoices settled within 10 days of delivery, improving contractor profit margins.

7. What security instruments are required for credit approval?

Depending on the credit limit requested, standard instruments include electronic Promissory Notes (Sanad Amr through the Nafith platform) or corporate guarantees.

8. How does an active credit account speed up emergency site deliveries?

Credit account holders can issue signed purchase orders for immediate factory dispatch within 24 hours without waiting for upfront payment processing.

9. Can subcontractors use assignment of proceeds from the main contractor?

Yes. Structured three-party assignment of proceeds agreements are accommodated for recognized main contractor and ministry project packages.

10. Who can contractors contact to discuss credit facility requirements?

Contact our Commercial Credit & Finance Desk at credit@alfaalarabia.co or call +966 50 183 5126 for a confidential commercial consultation.

Request Factory Quotation & Technical Submittal Package

Direct manufacturer pricing from 3rd Industrial City, Jeddah, KSA, backed by Saudi Aramco Vendor Code #10116102 and certified MTC Type 3.1 documentation.