Business Loans

Business Financing Segment

As an award-winning institute, Tamweelcom provides carefully tailored products through its Business Financing Segment that provides responsible, fast-track financing solutions for entrepreneurs of micro or small businesses, to ensure their sustainability and support their growth.

 

 

TYPES OF BUSINESS LOANS:

Unlicensed or Home Businesses
Financing start-up projects and home-based businesses for several purposes such as the costs of registration and licensing, and the purchase of tools, equipment and goods.
Feature
  • Amount

    1,000 – 3,000 JOD

    Interest Rate

    1.5%

    Loan term

    6 - 24 months

    Grace period

    Not applicable

    Payment date

    1st of each month

    Fees

    1 JOD per 1,000 and its fraction

    Penalties

    0.5 JOD per day of delay

    Targeted Segment

    Unlicensed or Home Businesses

    Targeted Sectors

    Commercial, Industrial, Services providers and vehicls used for business purposes

    Loan Purposes

    Working capital or fixed assets

    Age of Project

    More than Zero month

    Age

    18-65 Years old

    Gender

    Both Male and Female

    Nationality

    Jordanian and people from Gaza according to the related policy

    Added value services

    Aman Insuranc: Life, and total and partial disability free insurance

    Sanad Insurance: Compensation due to loss of client's income during hospitalization

    Payment channels

    Tamweelcom Branches

    eFAWATEERcom Vendors

    Required Documents

    Proof of housing

    Personal ID Card and Family Book

    Additional documents might be requested as the need arises

     

    * The company is obliged to grant funding only for legal purposes, and the fund is not granted for any kind of illegal purposes or purposes that entail environmental and social impact.

Licensed Business Financing
Financing the needs of registered companies which has been operational for over one year for the purpose of financing goods and covering operating expenses (maintenance costs, employee wages, rental of sites), opening of new branches, implementation and renovation of decorations, purchase of...
Feature
  • Amount

    1,000 – 50,000 JOD

     

    Pricing/Monthly

    1.5% for the loan amount between 1,000 -3,000 JOD

    1.25% for the loan amount between 3,001 -5,000 JOD

    1.00% for the loan amount between 5,001 -7,000 JOD

    0.85% for the loan amount between 7,001 -10,000 JOD

    0.75% for the loan amount between 10,001 -50,000 JOD

    Loan term

    3 - 36 months

    Grace period

    Not applicable

    Payment date

    1st of each month

    Fees

    1 JOD per 1,000 and its fraction for the loan amount between 1,000-7,000

    1% of the loan amount for the loan amount between 7,001 – 50,000

    Penalties

    0.5 JOD per day of delay for the loan amount between 1,000-7,000

    5 JOD per day of delay for the loan amount between 7,001 – 50,000

    Targeted Segment

    Licensed Micro and Small businesses

    Targeted Sectors

    Commercial, Industrial, Services providers and vehicls used for business purposes

    Loan Purposes

    Working capital or fixed assets

    Age of Project

    More than 12 Months

    Age

    18-65 Years old

    Gender

    Both Male and Female

    Nationality

    Jordanian and people from Gaza according to the related policy

    Added value services

    Aman Insuranc: Life, and total and partial disability free insurance

    Sanad Insurance: Compensation due to loss of client's income during hospitalization

    Payment channels

    Tamweelcom Branches

    eFAWATEERcom Vendors

    Required Documents

    Valid Certificate of Registration

    Valid Vacational License

    Personal ID Card and Family members ID card

    Additional documents might be requested as the need arises

    * The company is obliged to grant funding only for legal purposes, and the fund is not granted for any kind of illegal purposes or purposes that entail environmental and social impact.