Business Support Loan
Conquer the COVID Recession
The COVID-19 recession has brought unprecedented challenges to businesses and individuals, we understand the hurdles you’ve faced, and we’re here to empower you.
Rise your business again
Kickstart your stride towards a prosperous business recovery and redefine your path to success.
Generous loan cap: With up to 25,000 JOD, choose the loan amount you need, making your repayment experience stress-free and uniquely yours.
Competitive interest rate: Your path to financial security is more accessible with our cost-effective, government-backed rates, making the repayment process smoother.
Trust-Based financing: We believe in your financial goals, and with a trusted guarantor, we’ll help you achieve your aspirations. No collateral required.
Unlocking Boundless Opportunities
Begin your journey today and restore your financial security.
- Flexible loan term: Customize your loan payments to match your financial goals with flexible terms of up to 48 months.
Extended Flexibility: With up to 12 months grace period, our loan gives you the freedom to start repaying at your pace.
Minimum documents required: Save time by providing just your national ID, proof of income for employees, and family registration book, eliminating the need for any additional documents.
Easy process: Submit your loan request through our online application, call center +962799000466 or visit the nearest branch.
Currency: JD
Loan Amount:: From 5,000 to a maximum of JD 25,000.
Loan term: up to 42 months, including a grace period of up to 12 months maximum.
Nominal Interest Rate: 9% interest rate, 5% on the client, 4% is funded by the government, decreasing annual interest.
Repayment Frequency: Monthly.
No fees and Commissions
To Know how calculate life insurance fees please click to the Life Insurance Calculation Box.
Required Documents:
– From the client:
Copy of the national ID.
Copy of family registration book.
Business registration certification and occupancy permit.
Business rental contract for the business.
Official bills from the vendor.
Bank statement for the last 6 months
post-dated cheques for each installment
Total assists or revenue 100,000 JD
– From the guarantor:
At least one guarantor with proof of income In case there are bank cheques either from the client or from the guarantor, in the absence of bank cheques, two guarantor with income statement is must.
Effective Interest Rate (EIR)
From 5.12 % – 5.14 %
It’s depending on loan duration and amount.
Note: Please note that our financial products and services are suitable with special needs people.
Life insurance calculation
Loan Application Process
Streamlined application processes, quick approval times, and responsive customer service ensure a seamless borrowing experience.
- 1
Online application: Fill your easy loan application form below, our team will contact you to verify identification and learn more about your needs.
- 2
Sign CRIF consent: After receiving a call from our pre-sales team, you’ll be invited to the nearest branch to sign CRIF consent. This consent will give FINCA the authority to see your credit history with other banks and MFIs to know more about CRIF please visit: Home Page – CRIF Jordan.
- 3
Document verification: Receive a call from our sales team and send all needed documents through WhatsApp to get your initial approval.
- 4
Business visit: After reviewing your documents and credit history, FINCA employee will visit you at your business and discuss with you the final details.
- 5
Loan Approval and contract signing: We will call you to agree on the contract signing time and after the contract is singed, you’ll be able to receive the credit amount.
Loan Form
Applying for a loan with us is a straightforward and convenient process
Learn more about FINCA Jordan loan products and interest rates.
Frequently Asked Questions
9% annual reducing interest rate, government will cover 4% of it.
This product is to support only your business that was effected by COVID only.
This loan is only for businesses effected by COVID.
