Jordan Loan Guarantee Corporation

What Jordan Loan Guarantee Corporation does

Jordan Loan Guarantee Corporation (JLGC) is a public shareholding company (شركة مساهمة عامة) established in 1994 and listed on the Amman Stock Exchange under ticker JLCG. It operates as Jordan's primary national credit guarantee institution under Central Bank of Jordan oversight, providing loan guarantees that enable SMEs, startups, and micro enterprises to access financing from Jordanian commercial banks and microfinance companies despite lacking traditional collateral. JLGC also runs an Export Credit and Domestic Sales Credit Guarantee Programme that protects Jordanian exporters against commercial and political non-payment risk; in 2025 this programme covered 4,622 shipments to 421 buyers across 47 countries. The company generates revenue primarily through guarantee fees paid by participating financial institutions (transaction-fee model) and through export credit insurance premiums (recurring), with additional fee streams from newer Green Finance and Employment-linked guarantee programmes.

JLGC's core technology is the Electronic Linkage Platform, developed with GIZ support and built by Jordanian technology firm Optimiza, which enables participating banks and financial institutions to submit guarantee applications, schedule transactions, execute financing, and manage indemnity claims digitally. A separate Export Credit Guarantee Platform digitizes services for Jordanian exporters. Disaster recovery is hosted at Aqaba Digital City's Tier III-certified data center. Product portfolio includes the core Loan Guarantee Program, Export Credit and Domestic Sales Guarantee Program, Micro Enterprise Support Programme (over 1,955 micro projects supported as of September 2025), and two recently launched initiatives: the Green Finance Guarantee Programme (in cooperation with the Central Bank of Jordan, aligned with Jordan's Green Finance Strategy 2023–2028) and the Guarantee for Employment Programme (funded by EUR 25 million from the German Government via KfW Development Bank). JLGC distributes its products exclusively through participating financial institutions rather than directly to end borrowers, runs sales-led motion with banks, microfinance companies, and development partners (Agricultural Credit Corporation, Cities and Villages Development Bank, Islamic International Arab Bank, Jordan Export, USAID Business Growth Activity), and is a member of AECM, Aman Union, Berne Union, and EMGN international guarantee networks.

Name

Jordan Loan Guarantee Corporation

Legal name

Jordan Loan Guarantee Corporation (JLGC) — الشركة الأردنية لضمان القروض

Website

https://jlgc.com

Company type

Public

Founded year

1994

Operating status

Operating

Headcount range

101–250 employees

Short description

Jordan Loan Guarantee Corporation (JLGC) is Jordan's primary national credit guarantee institution, providing loan guarantees to SMEs, micro enterprises, startups, and exporters through participating banks and financial institutions, alongside export credit insurance covering shipments to 47 countries.

Ownership category

akta.pro rank

Product category

Credit Guarantee Services

NAICS

Credit Intermediation and Related Activities (522)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

Keywords

• Loan guarantee services
• Export credit insurance
• SME credit guarantees
• Credit risk mitigation
• Financial guarantees

Headquarters

HQ city

Amman

HQ country

Jordan

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Loan Guarantee Fees: JLGC earns revenue through guarantee fees charged to participating banks and financial institutions for guaranteeing loans extended to SMEs, startups, and micro enterprises. The company does not directly lend but covers traditional guarantee aspects, enabling customers to obtain financing.
2. Export Credit Insurance Premiums: Revenue generated from export credit insurance and domestic sales credit guarantee programs. Covers commercial and political risks for exporters selling on credit terms, with guarantees covering up to 80% of commercial risks in domestic sales.
3. Green Finance Guarantee Fees: Fees from the Green Finance Guarantee Program launched in cooperation with Central Bank of Jordan, supporting sustainable and environmentally friendly projects.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Jordan Loan Guarantee Corporation (JLGC) provides loan guarantee and export credit insurance services in Jordan, enabling SMEs, startups, micro enterprises, and exporters to access financing through partner banks and financial institutions. The company covers credit risk for participating lenders, offers specialized programs for employment-linked financing, green/sustainable projects, agricultural financing, and micro enterprises, and provides export credit guarantees covering commercial and political risks for Jordanian exporters selling on credit terms.

Product overview

Jordan Loan Guarantee Corporation operates as a loan guarantee and export credit insurance provider for Jordan. The company offers two core product lines: (1) Loan Guarantee Programs covering micro, small, and medium enterprises, and (2) Export Credit and Domestic Sales Guarantee Programs protecting exporters from non-payment risks. Recent additions include the Green Finance Guarantee Programme and Guarantee for Employment Programme launched in mid-2026. The company has developed proprietary digital platforms including an Electronic Linkage Platform enabling participating banks and financial institutions to process guarantee transactions digitally.

Differentiator

Problem solved

Functional benefit

Brands

• Guarantee for Employment Programme: A programme financed by the German Government through KfW Development Bank, aimed at enabling high-growth Jordanian businesses to access financing to expand operations and create new employment opportunities.
• Green Finance Guarantee Programme
• Loan Guarantee Programme
• Export Credit and Domestic Sales Guarantee Programme
• Micro Enterprise Support Programme

Products and services

• Loan Guarantee Programs Core guarantee program providing loan guarantees to enable micro, small, and medium enterprises in Jordan to access financing from banks and financial institutions by reducing collateral requirements.
• Export Credit and Domestic Sales Guarantee Programs

Quantifiable outcome

• JLGC provided guarantees to 1,848 SMEs valued at JOD 233 million in 2025, including 241 startups and 709 micro enterprises
• +4 more outcomes

Named customers3 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered core, flagship and minor.

• Islamic International Arab BankcoreChannel Partner/ Reseller/ Distributor · 1 July 2026Implementation partner for the Guarantee for Employment Program, providing Sharia-compliant financing to eligible businesses with JLGC loan guarantees. One of the first banks to join the program.
• Syrian Loan Risk Guarantee CorporationflagshipStrategic or Co-development Partner · 1 July 2026Mutual cooperation agreement for exchange of technical and professional expertise, reciprocal professional visits, and development of loan guarantee mechanisms supporting SME sectors in both countries.
• Cities and Villages Development BankcoreStrategic or Co-development Partner · 1 July 2026MoU to strengthen cooperation in development finance, expand use of loan guarantee instruments, and develop joint financing programs targeting projects with economic, social, and environmental impact.
• German Agency for International Cooperation (GIZ)coreImplementation/ SI/ Consulting Partner · 29 June 2026GIZ provides technical support for the Green Finance Guarantee Program and has supported the digital transformation project including development of electronic linkage platforms for participating entities.
• Jordan Export (بيت التصدير الأردني)flagshipStrategic or Co-development Partner · 8 April 2026Fourth consecutive year of strategic partnership. MoU to provide integrated services for Jordanian exporters combining Jordan Export's support tools with JLGC's export credit insurance and credit information services.
• Agricultural Credit CorporationcoreStrategic or Co-development Partner · 30 December 2025Guarantee agreement for agricultural sector financing, targeting small farmers, women-led projects, and innovative agricultural ventures in rural areas. JLGC provides guarantees for ACC financing to ease collateral requirements.
• Central Bank of JordancoreStrategic or Co-development Partner · 23 November 2025Central Bank of Jordan funds the Green Finance Guarantee Program and provides strategic oversight aligned with Jordan's Green Finance Strategy and Economic Modernization Vision.
• Aqaba Digital HubcoreTechnology or Integration · 30 April 2025Strategic partnership to host JLGC's Disaster Recovery site at Aqaba Digital City's Tier III-certified data center, enhancing business continuity and operational resilience.
• CAGEX (Algerian Credit Insurance and Guarantee of Export Company)minorStrategic or Co-development Partner · 12 February 2025MoU to support and enhance trade between Jordan and Algeria through cooperation in export credit guarantee, reinsurance, co-insurance, and exchange of information and expertise.
• USAID Business Growth ActivitycoreStrategic or Co-development Partner · 11 August 2024MoU for cooperation in supporting national exports, particularly first-time exporters, and facilitating financing and guarantees for supply chains to enable SMEs and startups.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Egyptian Credit Guarantee Company (CGC): Egypt's primary national credit guarantee institution supporting SME access to bank financing. Closely comparable to JLGC in mandate, structure, and operating model within the MENA region, serving as the Egyptian analog of Jordan's national guarantee corporation.
• Kredi Garanti Fonu (KGF) - Turkey: Turkey's Credit Guarantee Fund providing government-backed guarantees to enable bank lending to SMEs. Comparable to JLGC in providing loan guarantees that unlock bank financing for SMEs, though operating at significantly larger scale in a larger economy.
• Caisse Centrale de Garantie (CCG) - Morocco: Morocco's central guarantee fund providing loan guarantees to SMEs and supporting export credit. Directly comparable to JLGC as a national MENA credit guarantee institution with both domestic SME guarantee and export credit insurance mandates.
• CAGEX (Algerian Credit Insurance and Guarantee of Export Company): Algerian national export credit insurance and guarantee corporation with which JLGC has a bilateral MoU. Direct peer in the MENA export credit insurance space, offering comparable products (export credit insurance, reinsurance, co-insurance) to JLGC's Export Credit Guarantee Program.
• Coface: Global trade credit insurance provider offering export credit insurance products. Comparable to JLGC's Export Credit and Domestic Sales Guarantee Programs, which cover commercial and political risks for Jordanian exporters - functionally similar to Coface's credit insurance offerings.
• Kafalat - Lebanon: Lebanese loan guarantee company providing guarantees to SMEs that lack collateral. Highly comparable to JLGC in product offering (SME loan guarantees) and customer segment (underserved SMEs), and both JLGC and Kafalat are members of regional guarantee networks (AECM/Aman Union).

Broad incumbents

• European Investment Fund (EIF): EU-level SME guarantee and counter-guarantee institution active across Europe with substantially broader mandate, larger capital base, and wider geographic scope. Comparable as a tier-above credit guarantee institution that JLGC partners with indirectly through multilateral channels.
• British Business Bank: UK's government-backed development bank providing loan guarantees and capital to smaller businesses. Comparable to JLGC as a national development finance institution focused on SME credit access, though operating at much larger scale with broader product set.
• US Small Business Administration (SBA): US federal agency providing government-backed loan guarantees to small businesses through partner banks. The archetype for the JLGC business model; SBA's partial guarantee mechanics (covering a percentage of bank loan losses) are the conceptual template for JLGC's domestic SME guarantee programs.

Others

• KfW Development Bank: German government development bank that is both a key JLGC funding partner (EUR 25M for Guarantee for Employment) and a broader peer as a development finance institution channeling donor capital into credit guarantee and SME finance programs globally.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jordan Loan Guarantee Corporation