There are 2 Companies in Jordan
that provide Commercial Financing, Funding, & Investment Services!

A pillar of the Jordanian economy, the ICT sector has been the center of attention for decades as efforts are continuously underway to capitalize on the country’s position as a major ICT player and solutions exporter. 

With a GDP contribution worth around 12 percent, the ICT sector has witnessed significant growth over the years. In 2015, IT revenues grew to more than USD 600 million, while the telecom sector’s total revenues reached more than USD 1.35 billion.

Why working with Jordan IT companies?

Jordanian IT companies are considered key regional players offering some of the most skilled professionals at the disposal of local and international markets.  According to the Oxford Business Group report in 2019, Jordanian IT companies provide digital services and solutions by implementing successfully the latest technologies due to an increasing and fast adaptable young professionals enrolled in the IT industry. 

What to pay attention to when working with Jordanian IT companies

Due to the low cost of IT professionals, Jordanian IT companies face challenges in financing and implementing high-tech solutions in the business sector. This leads to underdeveloped business culture and environment which may be a challenge for foreign clients when working with Jordanian IT companies. 

Additionally, another challenge for Jordanian IT companies is the tax burden which keeps the development and investment rate away from the technological boom, which was expected to start at the beginning of 2017. 

How reliable are Jordanian IT companies

Compared to the regional players, Jordanian IT companies have a balanced image in the global market. Due to the military and political instabilities, many foreign investors and clients rather prefer to work with companies from neighboring countries, where they can rely on relatively moderate stability. 

How does the Jordanian IT industry relate to the neighboring countries?

The progress registered by Jordan in developing the IT industry is impressive and has shown results by attracting a number of tech giants to open representatives and offices in the country. However, this was not enough to be competitive in the region, having as leaders the Emirates, Qatar, and Saudi Arabia was in front of the list. 

Despite rising regional competition and slower domestic economic growth and a tough regulatory environment, ICT remains one of the kingdom’s greatest strengths, and its ongoing expansion remains high on the list of government priorities. With a history of forward-thinking tech and telecom development, Jordan is well-positioned to continue capitalizing on its bright population. The sector’s long-term growth prospects, buoyed by private-sector ambitions and strong government leadership, should see its recovery continue in 2020 and beyond.

Commercial Financing, Funding, & Investment services are a wide range of financial products and services that help businesses get the capital they need to grow and succeed. 

These services can have many different forms, such as loans, lines of credit, leases, government grants equity financing, and more.

The commercial finance market is expected to grow at a compound annual growth rate (CAGR) of 4.5% from 2022 to 2027. 

Commercial financing, funding, and investment services are very important as these services help businesses to:

• Grow through expanding their operations, launching new products, and services, and entering new markets.

• Improve their cash flow by providing them with access to working capital.

• Increase their profits by making it possible for them to invest in new equipment, technology, or marketing movements.

If you are also interested in how companies can raise capital and get funds, check our insightful article How a Company Can Raise Money and Get Funds?

In this context, we must say that choosing the right commercial financing, funding, and investment company could be a difficult task, however, taking into consideration the following factors, you will find easier the right one:

1. The amount of financing and terms of the financing you need

2. The reputation of the financing company, the company's history, success stories, and client reviews 

3. Take into account specific industries or funding types, the company focuses on and choose one that aligns with your business needs.

4. Ensure the company communicates openly about fees, all processes, and potential risks that may appear in the future.

It is important to compare different financing companies before making a decision, that is why we invite you to navigate on the TechBehemoth platform. There are more than 74 companies that offer a wide variety of commercial financing, funding, and investment services. Discover their detailed profiles, and client reviews, and feel free to get in touch with them. You can use also the filter to narrow down the results based on your requirements and shortlist the companies.  

Also, you can submit your project and we will select and send you the best matching companies in about 1 hour. It’s free and there is no obligation to hire.