Products — Loans
Startup Loan
Get your business off the ground.
- Get a startup loan of up to 250,000 JOD with flexible repayment terms to suit your cash flow cycle
- Get support and advice, anytime- speak to us over the phone by calling + (962) 6 560 0444 or come into one of our SME Centers
You’ll receive:
- Flexible repayment terms reaching up to 60 months with installment plans that suit your needs – monthly, quarterly, or bi-annually
- A grace period of up to 12 months
- Secure a loan with minimal collateral requirements
- Use your loan for a variety of needs, like working capital and purchasing of fixed assets, and receive up to 80% financing on the value of the fixed assets
To apply, you’ll need:
A registered company in Jordan, operating for less than 3 years
A valid national ID or passport of shareholdersRecent certificate of registration (not older than 6 months), showing the company’s eligibility to borrow moneyValid vocational license (if available) Official bank statements (if available) Basic feasibility study including cash flow projectionsInsurance policy covering the company’s assets for life insurance policy for the company’s primary shareholderLimited liability companies must also provide:
Memorandum of association, showing the percentage of the registered capital the company is allowed to borrow Audited financial statements (if the company is older than one year)