October 4, 2022


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Sanadcom Business enterprise Finance signs agreement and Community Global

Sanadcom Business Finance signs arrangement and Network Global – Jordan

By Leandra Monteiro

June 27, 2022

  • Electronic Lending
  • Instantaneous Payments
  • Jordan

Sanadcom Company Finance, just one of Jordan’s top personal sector SME loan providers, not long ago signed a strategic cooperation settlement with Community International-Jordan, a company of electronic trade aid companies and payment options in the Center East and Africa, enabling Sanadcom to offer new funding services to retailers, and facilitating the selection of the value of funding installments.

By the new company, Sanadcom Company Finance will be capable to automatically and flexibly deduct installments from merchant gross sales, produced at points-of-sale (POS) devices supplied to the service provider by Community, in accordance with the funding terms agreed on in between Sanadcom and the service provider benefiting from the funding. This provider will provide the aspirations of the market, and it also contributes to masking the financing gap for the SME sector.

The agreement was signed by Fadi Amireh, CEO of Sanadcom for Company Finance, and Amjad Al-Sadeq, CEO of Community Intercontinental Jordan, in the presence of several administrators from both sides.

Under this arrangement, the two get-togethers will search for to present new services in the nearby market place, specially in the subject of SME companies, which will realize a competitive edge for Sanadcom Business enterprise Finance and supply a distinguished experience for retailers utilizing Network Jordan’s POS answers.

Commenting on the signing of the arrangement, Amireh said, “We glimpse ahead to working with Community Jordan, because of its extensive experience in the industry of digital payments. Via this settlement we will provide solutions and answers that enable our customers wishing to get hold of funding to build their enterprises fork out the installments relevant to that financing in a versatile and quick manner, deducted mechanically from day-to-day profits receipts that are built by way of its factors of sale.”

For his section, Al-Sadiq expressed the company’s keenness to cooperate with Sanadcom Enterprise Finance, as it is in line with Network’s technique that focuses on advancement based mostly on acceleration and innovation, which underlies its pursuit of an growing consumer foundation, as very well as giving a variety of innovative products and services and distinctive and outstanding answers to serve the business enterprise sector and other establishments, including SMEs which these days represent an essential pillar of the financial state in most nations around the world of the earth, and represent extra than 90% of institutions working across several financial sectors.

Al-Sadiq indicated that this cooperation would empower Sanadcom for Small business Finance to offer you new and unique products and solutions and expert services to its record of modest and medium-sized enterprise clientele, all of which will advantage from Network’s payment processing expert services, such as level-of-sale equipment, electronic payment gateways, interactive dashboards, and much more. These provide shoppers time, exertion, and expense added benefits, as well as important insights and info that contribute to running their business enterprise in an effective method, letting SMEs to build and boost their contribution within just their sector and to the economy of their place.

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