Existing and licensed small, medium and micro enterprises operating in Jordan as for-profit institutions.
All economic sectors operating in the Kingdom wishing to purchase goods, whether import or local purchase, for the purpose of manufacturing or trading.
The following types of SECTORS that are not eligible for JGC's guarantee:
- Consumer loans.
- To refinance or renew existing credit portfolios.
- Loans granted on terms inconsistent with the generally accepted rules and principles of lending.
- For the purpose of relocating existing institutions in the European Union to other places outside the European Union;
- Any projects or activities that contribute to the violation of internationally recognized workers' rights, including safety at work rules, as well as violations of the laws and regulations in force in Jordan.
- For illegal or environmentally unsuitable purposes that endanger human life.
- To finance gambling clubs or any related purposes and activities.
- For currency speculation purposes as specified by banks
- For trading in shares and securities.
- For the manufacture of cigarettes and tobacco products.
- For alcoholic products and beverages.
- For banks, insurance companies or financial services.
- For illegal and immoral purposes.
- For the purposes of financing the production of prohibited medical drugs and narcotics.
- For agriculture, except for the manufacture of foodstuffs.
- For the purposes of manufacturing or selling weapons or related services;
The company does not grant the loan, but the company's role is limited to covering the aspect of traditional guarantees and enabling the customer to obtain the loan to serve his project.
All valid identification and official papers for the establishment of the project, which enhance the establishment of the project
Type of Insurance Policy that protects businesses from losses resulting from non-payment of debts owed by customers/buyers
Commercial insurance provided by different insurance companies protects against tangible risks that may affect exported goods, such as theft, sinking, damage, etc., while the export credit insurance program serves as a tool to manage risks related to sales operations carried out on credit and ensures a steady cash flow for the exporter.
- It helps Jordanian exporters enter new markets or increase their sales in existing markets by granting buyers in those markets favorable payment terms without requiring advance payment or using letter of credits.
Currently, insurance coverage in the domestic market is only granted to active policyholders within the export credit guarantee program.
The guarantee ratio within the local sales credit guarantee program is 80%, covering only the commercial risks of buyers in the domestic market, such as buyer insolvency, bankruptcy, or default on payment. Generally, a credit limit of up to 4 million dollars can be granted to a single buyer.
The program aims to support private sector growth and link access to finance with the creation of new and sustainable employment opportunities, with a particular focus on youth, women, and persons with disabilities, while supporting employment opportunities across all governorates of Jordan.
The Private Sector Employment Credit Guarantee Program is an initiative of the Jordan Loan Guarantee Corporation (JLGC), funded by KfW Development Bank, aimed at facilitating access to finance for micro, small, and medium-sized enterprises (MSMEs) through a guarantee of up to 85% of the financing, along with financial incentives for creating eligible new jobs.
The program facilitates access to finance by linking the financing to the creation of new jobs, while providing financial incentives for each eligible job created.
Officially registered micro, small, and medium-sized enterprises (MSMEs) operating in Jordan, including start-ups, newly established enterprises, and existing businesses in the private sector, may benefit from the program.
No specific business age is required. Newly established enterprises may benefit from the program, provided that they meet the eligibility requirements, demonstrate economic viability, and have the capacity to repay the financing.
The program covers eligible activities within four main sectors:
This is subject to the program’s list of eligible activities and applicable requirements.
Yes. The program places particular emphasis on creating employment opportunities for:
Yes. The program is linked to the creation of new and sustainable eligible jobs, in accordance with the program’s requirements. Jobs are verified and monitored according to the approved mechanism.
The employee must be registered with the Social Security Corporation and remain employed for a period of no less than 12 months. 50% of the employment incentive is disbursed after verifying employment for 18 months, while the remaining 50% is disbursed after verifying continued employment for 36 months.
Applicants can create an account through the electronic platform via the official website of the Jordan Loan Guarantee Corporation (www.jlgc.com), complete the application form, enter the required information, and upload the necessary supporting documents.
Yes. Applicants can select one of the participating banks or financial institutions through the electronic platform, from the available list of participating conventional and Islamic banks.
JLGC conducts an initial assessment of the application and takes the appropriate decision. If the application is approved and the eligibility certificate is issued, the application is referred to the financial institution selected by the applicant for financing assessment.
Yes. Applicants can easily track the status of their application, updates, and any requested information by logging into the electronic platform.
Pre-qualification is an initial assessment conducted by JLGC to determine the eligibility of the enterprise and financing application according to the program’s criteria. Pre-qualification does not constitute final approval of the financing, as the final decision remains subject to the approval of the participating bank or financial institution.
No. Pre-qualification allows the enterprise to proceed to the evaluation stage, but it does not constitute final approval of the financing. The participating bank must complete its credit assessment and provide final approval.
The application will be rejected at the pre-qualification stage, and the applicant will be notified through the electronic platform in accordance with the approved procedures.
Financing starts from JOD 50,000 and may reach up to JOD 1,000,000, subject to the program’s terms and conditions and the requirements of the participating financial institution.
The guarantee coverage can reach up to 85%, subject to the program’s terms and conditions.
Financing may be used for:
Yes. Investments supporting renewable energy, energy and water efficiency, emissions reduction, and reduction of environmental impact may be financed, subject to the applicable program criteria.
Yes. Enterprises may submit multiple applications for different projects and purposes, subject to the program’s terms and conditions.
No. The financing may only be used for the approved purposes related to the project.
The incentives are financial incentives designed to encourage beneficiary enterprises to create new and sustainable jobs. The incentive is paid into the beneficiary’s account and is completely separate from the financing.
An eligible new job is a new position created as a result of implementing the project, which meets the program’s eligibility requirements and is registered and verified in accordance with the approved requirements.
Yes. The maximum total employment incentives are capped at 20% of the investment value.
You can contact the Jordan Loan Guarantee Corporation (JLGC) through:
Telephone: 0795008612
Email: [email protected]
Website: www.jlgc.com
Applicants may also submit inquiries and follow up on their applications through the program’s electronic platform.
The latest information, terms, conditions, and updates can be obtained through the official website of the Jordan Loan Guarantee Corporation and the program’s electronic platform.
Supporting Jordanian businesses to grow and create new job opportunities by providing loan guarantees that enable expansion and employment.
Learn more about the programme, eligibility criteria, and how to apply :
Portal Link
For more information, please contact us at 0795008612 or email us at [email protected]
