This program is dedicated to finance new and outstanding projects (including extensions, developments and improvements) for small and medium companies' customers doing business in various economical productive sectors that generate income; i.e. Industrial, agricultural projects and services, Craftsmen projects, domestic trade projects, other services projects, such as doctors, engineers, lawyers and consultants.
Beneficiaries
Individuals, sole proprietorship companies, limited partnership, limited liability companies, which are registered and licensed to practice its business.
Interest Rate
Interest rate is equivalent to Overnight Interbank price + margin to be defined by the Bank, or interest rate to be applied in accordance with applicable rates by the bank in loan granting date.
Financing Ceiling
Up to (250,000.00 JD)
Percentage of Financing
The borrower has to contribute by at least 25% of project cost if such financed project is new.
Loan Term
Repayment period is up to six years including grace period up to a maximum of 12 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, fixed assets, raw materials of projects, industrial and agricultural services, craftsmen projects, and other services projects; i.e. Doctors, Engineers, lawyers, transport and tour sector & trade sector transactions.
Develop and expand your business easily with our productive loans program.
Apply NowThe Housing Bank is the ideal choice for clients of large, small and medium companies due to its ability to meet its customers' financing requirements, by providing a diverse and integrated group of banking products that meet their various needs, in addition to the extensive experience of the Relationship Managers in dealing with corporate clients from various sectors.
The Housing Bank is the ideal choice for clients of large, small and medium companies due to its ability to meet its customers' financing requirements, by providing a diverse and integrated group of banking products that meet their various needs, in addition to the extensive experience of the Relationship Managers in dealing with corporate clients from various sectors.
Our clients receive many quick and safe Banking Services through Iskan Online and Corporate Mobile Banking, which allows corporate customers to conduct many operations like:
Money transfers, Pay Bills, Request a Check book, Balance Inquiry, Interest and currency exchange rates, Inquiries about checks deposited in the account and checks drawn on the account, in addition to sending inquiries from the customer to the bank.