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Tourism Loan Program



Purpose of Financing: This program aims to provide funding for existing projects within the tourism sector to support their operations during the summer. It involves a diminishing loan structure that offers a wide range of financing options for small and medium-sized (SMEs) institutions/companies. The funding can be directed towards either fixed assets or working capital and operational expenses.

Targeted Sector: Service Sector.

Loan Amount: The maximum loan amount is JOD 250,000.

 Working Capital and Purchases Financing: Up to 36 months, depending on cash flows and operational cycle of the activity.

FIXED ASSETS (OFFICES, BUILDING,CARS,MACHINES,…ETC)  : UP TO 72 MONTHS

Grace Period: maximum of 6 months, with servicing the debt during this period. included in the overall repayment period

Interest Rate and Commission: 

  • SMEs: 9.25% interest + 1% annual commission.

Startups: 9% interest + 1% annual commission.

  • Small & Micro Enterprises: 10.25% (Margin + Interbank) + 0.5% one-time commission**.

Startups: 10% (Margin + Interbank) + 0.5% one-time commission.

Financing Percentage: Financing can reach up to 100% of the client's needs.

Financing Conditions:

  • The borrower’s age shall not exceed 70 years by the end of the life of the loan
  • The minimum age of the borrower is 20 years old.
  • The client must be Jordanian. In the case the debtor is non-Jordanian, the submission of an acceptable Jordanian sponsor is required.
  • Obtaining personal sponsorship for all key partners with solidarity, regardless of the type of company.
  • The name of the company or partner must not appear on the list of returned cheques.
  • Must obtain a bank statement for the last 6 months, with no returned cheques for insufficient balance (if applicable)
  • Must not have any financial issues or any negative indications within the CRIF system.

 

*For individual enterprises, 1% commission is deducted upon grant only

**Applicable to new loans granted as of 7/1/2026.

For Small Businesses:

In the event of a client’s  late payment, and if the contract signed with the client includes a clause stating the bank's right to collect late payment interest, it must not exceed 1% annually of the interest rate applied at the time to the value of each installment(s) that the client is late in paying