What is an SME’s? 

Any profitable activity is considered small / medium acting in accordance with applicable laws and rules of Hashemite Kingdome of Jordan enjoying annual turnover and sales of (300,000 - 3,000,000) JOD. 

 

If you are a small or medium size business owner and you aspire to grow it, Al Rajhi bank gives you the opportunity to benefit from one of our banking services and solutions designed fulfill your financial needs through a specialized dedicated team available to provide the best financial services.

Program features:

  • Islamic sharia compliant.
  • Dedicated team to help SME’s customers.
  • Possibility to secure suitable grace period.

We can help you through our Below Program:



Kafala program:

“kafala” program has been tailored in collaboration with Jordan loans Guarantee Corporation, aiming to help small and medium size businesses to secure the needed financial facilities after validating its feasibility study.

Program features:

  • Finance up to JOD 250,000 for commercial sector.
  • Finance up to JOD 550,000 for industrial & services sectors.
  • finance guarantee from Jordan Loans Guarantee Corporation.
  • Buying fixed assets and / or financing working capital requirements, tenor of financing.
    • Working Capital Financing  : Up to 18 Months
    • Fixed assets financing : Up to 60 Months




Borrow

Financing goods program against assignment of proceed of POS :

The program has been tailored to financing purchases (internal & external); working capital expenses subject to provide us with the supporting documents. aiming to help small and medium size businesses to secure the needed financial facilities after validating its feasibility study.

Program features:

  • Finance up to JOD 100,000 for commercial & services sectors.
  • Against assignment of proceed of POS.
  • Buying fixed assets and / or financing working capital requirements, tenor of financing.
    • Working Capital Financing  : Up to 18 Months
    • Fixed assets financing : Up to 60 Months






Open An Account

Non Kafala program:

“Non kafala” program has been tailored with 100% Real Estate Collateralized, aiming to help small and medium size businesses to secure the needed financial facilities after validating its feasibility study.

Program features:

  • Finance up to JOD 500,000 for commercial & industrial sector.
  • Finance against 100% Real Estate Collateralized.
  • Buying fixed assets and / or financing working capital requirements, tenor of financing.
    • Working Capital Financing  : Up to 18 Months
    • Fixed assets financing : Up to 60 Months