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Small & Medium
Sized Enterprises

Overview

At Arab Jordan Investment Bank (AJIB), we believe that small and medium-sized enterprises are the backbone of innovation and economic growth. We therefore provide integrated banking solutions and aim to serve as a strategic partner throughout your business growth journey.

Frequently Asked Questions

Which companies are classified by the Bank as SMEs?
What purposes may be financed?
Is tangible collateral always required?
How long does it take to assess a financing application?

Why Partner With Us

Tailored financing solutions
Flexible financing programmes covering working capital, business expansion and asset acquisition.
Extensive sector expertise
A specialised SME Banking team with in-depth knowledge of Jordan's key economic sectors.
Fast response
Streamlined approval procedures designed to support business continuity and minimise delays.
Strategic partnerships
Cooperation with financing guarantee institutions, including the Jordan Loan Guarantee Corporation (JLGC), to provide more accessible credit options.

Banking Services

Small Enterprises Medium-Sized Enterprises

Eligibility Criteria

To qualify for Small and Medium-sized Enterprises banking services, your company must meet the following requirements.

  • 1The company must not be a public shareholding company, an insurance company or a financial brokerage company.
  • 2Total assets or annual sales must be below JOD 1 million.
  • 3The company must employ between 5 and 20 employees.

Eligibility Criteria

To qualify for Small and Medium-sized Enterprises banking services, your company must meet the following requirements.

  • 1Total assets must range between JOD 1 million and JOD 3 million.
  • 2Annual sales must range between JOD 1 million and JOD 3 million.
  • 3The company must employ between 21 and 100 employees.

SME Financing
Benefits

Financing Amount
Aligned with the business's specific funding requirements.
Repayment Tenor
Flexible repayment periods of up to 10 years, depending on the purpose of the facility.
Grace Period
Tailored to the nature of the business and the type of financing requested.
Interest Payment Options
Flexible arrangements for paying interest during the grace period.

Required Documents

  • Copy of the company registration certificate showing the authorised signatories.
  • Audited financial statements for the previous three years, or financial information if the company does not prepare audited statements.
  • Copy of the memorandum of association and articles of association.
  • A recent trial balance stamped by the company, together with all required supporting disclosures.
  • Copies of the partners' national identification cards.
  • Statements for accounts held with other banks for the previous six months, where applicable.
  • A formal facility request letter on the company's letterhead specifying the amount and type of facilities requested, purpose, proposed collateral, repayment schedule and sources of repayment.

Success Stories

Behind every financing relationship is a story of determination, innovation and ambition.
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