Jordan Loan Guarantee Corporation (JLGC)
JLGC is a Limited Public Shareholding Company established in accordance with the Jordanian Companies Law and registered in the Public Shareholding Companies Register under Number 242, on March 26th 1994.
JLGC current Capital is JD 29,080,310.
JLGC vision is to build the optimal model for credit guarantees and support to MSMEs.
JLGC mission is to enhance the opportunities for MSMEs to obtain appropriate credit by providing loan guarantee and enhancing Jordanian exports and domestic sales by providing credit insurance at sustainable basis.
JLGC manages 2 major programs to improve SMEs access to finance and provide a better risk coverage to national exports as follows :
✓Export credit Insurance and Domestic Sales:
JLGC provides guarantees for Jordanian exports against commercial and political risks and guarantees for domestic sales against the commercial risks of non-payment by the foreign importers or local buyers for export shipments or local sales.
✓Loan guarantees:
JLGC provides loan guarantees to improve the credit environment for economically viable small and medium sized enterprises, startups and micro companies.