This program is dedicated to finance new and outstanding projects (including expansion, development and improvement) 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 NowOur clients can apply to this service by contacting their relationship manager or by visiting any of our branches.
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.
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 efficient and safe banking Services through IskanBusiness platform and IskanBusiness Mobile Banking, which allow corporate customers to carry out several actions such as processing all types of transfers, salary files management, bill payments, cheque book request, extraction of account statements in different formats, currency exchange rates inquiries, full view and reporting of cheques and PDCs, in addition to several other financial and non-financial services.