Amman, Jordan: Sanadcom Enterprise Finance, considered one of Jordan’s main personal sector SME lenders, lately signed a strategic cooperation settlement with Community Worldwide-Jordan, the main supplier of digital commerce assist providers and fee options within the Center East and Africa, enabling Sanadcom to offer new financing providers to retailers, and facilitating the gathering of the worth of financing installments.
By means of the brand new service, Sanadcom Enterprise Finance will have the ability to mechanically and flexibly deduct installments from service provider gross sales, made at points-of-sale (POS) gadgets offered to the service provider by Community, in accordance with the financing phrases agreed upon between Sanadcom and the service provider benefiting from the financing. This service will serve the aspirations of the market, and it additionally contributes to overlaying the financing hole for the SME sector.
The settlement was signed by Fadi Amireh, CEO of Sanadcom for Enterprise Finance, and Amjad Al-Sadeq, CEO of Community Worldwide Jordan, within the presence of a number of directors from each side.
Below this settlement, the 2 events will search to offer new providers within the native market, particularly within the subject of SMEcompanies, which is able to obtain a aggressive benefit for Sanadcom Enterprise Finance and supply a distinguished expertise for retailers utilizing Community Jordan’s POS options.
Commenting on the signing of the settlement, Amireh mentioned: “We stay up for working with Community Jordan, due to its in depth expertise within the subject of digital funds. By means of this settlement we’ll present merchandise and options that assist our prospects wishing to acquire financing to develop their companies pay the installments associated to that financing in a versatile and straightforward method, deducted mechanically from every day gross sales receipts which are made via its factors of sale.”
For his half, Al-Sadiq expressed the corporate’s keenness to cooperate with Sanadcom Enterprise Finance, as it’s in keeping with Community’s technique that focuses on development primarily based on acceleration and innovation, which underlies its pursuit of an increasing buyer base, in addition to offering a variety of revolutionary providers and distinctive and distinctive options to serve the enterprise sector and different establishments, together with SMEs which at the moment signify an vital pillar of the financial system in most nations of the world, and represent greater than 90% of establishments working throughout varied financial sectors.
Al-Sadiq indicated that this cooperation will allow Sanadcom for Enterprise Finance to supply new and distinctive services and products to its checklist of small and medium-sized enterprise purchasers, all of which is able to profit from Community’s fee processing providers, together with point-of-sale gadgets, digital fee gateways, interactive dashboards, and extra. These provide purchasers time, effort, and price advantages, in addition to helpful insights and data that contribute to managing their enterprise in an environment friendly method, permitting SMEs to develop and enhance their contribution inside their sector and to the financial system of their nation.