Working Capital Loans

Flexible Funding Solutions for Your Day-to-Day Business Needs

Supports the ongoing business needs of the company..

Why Vitas?

Vitas understands the importance of consistent cash flow for micro and small-sized enterprises to sustain and expand their operations. With Vitas Working Capital Loan, you can access the necessary funds to support your everyday business activities. This loan covers all machinery and equipment. Empower your business with Vitas Working Capital Loan, ensuring seamless operations and providing the financial stability needed to drive your business growth.

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

Amount	Interest Rate (%)	Min EIR %	Max EIR %	Terms
1500	30	24.65	56.24	3 - 42Months
1501 - 2000	30	24.65	56.24	3 - 48Months
2001 - 3000	30	24.65	56.24	3 - 48Months
3001 - 4000	28.5	24.65	56.24	3 - 48Months
4001 - 5000	28.5	24.65	56.24	3 - 48Months
5001 - 6000	23.5	24.65	56.24	3 - 48Months
6001 - 8000	23.5	24.65	56.24	3 - 48Months
8001 - 10000	23.5	24.65	56.24	3 - 48Months
10001 - 14000	21	24.65	56.24	3 - 48Months
14001 - 50000	21	24.65	56.24	3 - 48Months
50001 - 60000	20	24.65	56.24	3 - 48Months
60001 - 70000	20	24.65	56.24	3 - 48Months
70001 - 75000	20	24.65	56.24	3 - 48Months
75001 - 80000	20	24.65	56.24	3 - 48Months
80001 - 106000	20	24.65	56.24	3 - 48Months
106001 - 110000	20	24.65	56.24	3 - 48Months

Loan Application Fees

Amount	Fees
1501 - 2000	30
2001 - 3000	30
3001 - 4000	28.5
4001 - 5000	28.5
5001 - 6000	23.5
6001 - 8000	23.5
8001 - 10000	23.5
10001 - 14000	21
14001 - 50000	21
50001 - 60000	20
60001 - 70000	20
70001 - 75000	20
75001 - 80000	20
80001 - 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.