Commercial Invoice Financing Loans

Streamline Your Business Cash Flow with Commercial Invoice Financing

A business loan servicing the desire of our client to buy goods/services from another vendor with a direct settlement through the loan.

Why Vitas?

Vitas understands the significance of seizing market opportunities and maximizing savings for business growth. With Vitas Commercial Invoice Financing Loan, you can take advantage of rare market opportunities and make large-scale purchases of goods. This loan empowers you to benefit from discounts and favorable pricing by financing your purchases through a direct settlement of the invoice amount to the vendor. Unlock your purchasing power, optimize your procurement strategies, and fuel business growth with Vitas, your trusted partner in maximizing savings and capitalizing on market opportunities.

Enjoy a hassle-free experience provided all necessary paperwork is complete.

Amount	Interest Rate (%)	Min EIR %	Max EIR %	Terms
3001 - 5000	28.5	27.53	56.15	6 - 48Months
5001 - 10000	22.5	27.53	56.15	6 - 48Months
10001 - 50000	21	27.53	56.15	6 - 48Months
50001 - 75000	20	27.53	56.15	6 - 48Months
75001 - 106000	20	27.53	56.15	6 - 48Months
106001 - 110000	20	27.53	56.15	6 - 48Months

Amount	Fees
3001 - 5000	28.5
5001 - 10000	22.5
10001 - 50000	21
50001 - 75000	20
75001 - 106000	20
106001 - 110000	20

Important note: The company adheres to the Finance Companies Regulation No. (107) for the year 2021 issued pursuant to Article (65) of the Central Bank of Jordan Law No. (23) for the year 1971 and the instructions issued pursuant thereto and related to the criterion of the maximum value and fragmentation, which determines the maximum allowable loan.

Commission for granting credit is calculated in accordance with the provisions of Commission and Fees regulations for microfinance institutions no. (1/2023) in effect 14/6/2023.

In case the credit approval stipulates a condition of salary transfer based on an authorization document, where the monthly installment is deducted directly from the transferred salary to the bank (according to the terms of the agreements signed between the company and the relevant banks), the bank's commission for the cost of salary transfer deduction, issuance, and management of the authorization documents is calculated and deducted from the net loan amount, subject to the terms and conditions.

Loan calculator

Calculated at:

Monthly:

JD 0

Interest rates and monthly repayment amount are approximate and subject to change at any time.

The company is committed to apply regulations issued by the Central Bank of Jordan regarding the calculation of the Effective Interest Rate (EIR) which is defined as: One percentage point; represents the annual effective cost of a loan/ financing, over the term of the loan/ financing. It includes nominal interest rates/returns and costs specified in the contract.