A new speed procedures program that provide suitable financing for customers segment of small and medium companies within a short period of time where loans can be disbursed into account within two working days and at competitive interest rates.
Beneficiaries
The program targets the customer segment of medium-sized companies within commercial, industrial and service sectors, and with sales of no more than 5 million JD.
Interest Rate
Interest rate in accordance with applicable rates by the bank in loan granting date.
Financing Ceiling
Financing ceiling Up to (200 JD)
Percentage of Financing
Financing rate up to 100%,
Loan Term
Repayment period is up to two years including grace period up to a maximum of 3 months.
Guarantees
The bank may ask for any collateral guarantees in light of its evaluation of the creditworthiness of customers, in addition to the guarantee by the Jordanian Loans Guarantee Company.
Financing Objectives
Financing the working Capital- customer purchases for the small and medium-sized companies within commercial, industrial and service sectors.
