Rowwad Foundation offers tailored financing solutions for industrial sector projects aimed at strengthening the Palestinian national economy and enabling industrial enterprises to expand their role in generating employment opportunities and reducing unemployment levels.
Key Features
- Financing of up to USD 50,000.
- Competitive interest rate offerings.
- Flexible collateral requirements and terms.
- Convenient repayment terms.
- Fast-track financing/ loan approval procedures.
Types of Financing
- Commercial Financing (Conventional)
- Islamic Financing
Financing Eligibility Requirements
- Proof of occupation/profession.
- Evidence of ownership.
- Fulfilment of the applicable terms and conditions of the PBI's credit policy.
Collateral / Guarantees
Rowwad accepts a diversified range of collateral and guarantee instruments, subject to the borrower’s repayment capacity, including but not limited to:
- Post-dated cheques / monthly promissory instalments aligned with the financing/loan repayment schedule (As per Rowwad’s policy).
- Financing / loan agreement.
- Duly executed promissory note (debt instrument).
- Personal guarantees (sureties).
- Gold pledge as collateral security.
- Any other acceptable forms of collateral.
