Loan Program

The main purpose of the loan is to provide companies with financial support so they can purchase machinery, equipment and other fixed assets as well as be able to establish or increase their working capital.

The general requirements for a company to receive a loan are that they must be registered in Iraq, describe loan use intent and provide proof of capital use to expand or add other production lines (provided that the expertise and administrative competence are well in place) and possess a clearly defined plan for increasing work opportunities.

Necessary Documents to Attach

1. Copies of Corporate Registration Documents,
2. Copies of Owner's Passport,
3. Financial Statements,
4. Feisablity & Business Plan Study,
5. CV (Resume) of Owner(s) and Key Managers, (must include)

Name, Date of Birth, Place of Birth, Citizenship, residence Address, Business phone, Mobile phone, Email Address, Education, Work Experience, Name and Phone Numbers of three (3) refer.

Interest rate 8-12 %.
Administrative expenses 1%
1% IACCI follow up fee

Click to download -Project Summary-

BUSINESS PLAN OUTLINE (Sample)

EXECUTIVE SUMMARY

Business Concept
Company Information
Market Potential
Management Team
Distinct Competencies
Required Funding and its Use
Repayment Terms/Sources
 

COMPANY DESCRIPTION

Mission Statement
Summary of Activity to Date
Current State of Development
Competencies
Product of service
Description
Benefits to Customer
Differences from Current Offerings
Objectives
Keys to Success
Location and Facilities
 

INDUSTRY ANALYSIS

Entry Barriers
Supply & Distribution
Technological Factors
Seasonality
Economic Influences
Regulatory Issues
 

MARKET ANALYSIS

Definition of Overall Market
Market Size and Growth
Market Trends
Market Segments
Customer Characteristics
Customer Needs
Purchasing Decision Process
Product Positioning
 

COMPETITION

Profiles of Primary Competitors
Competitors’ Products/Services & Market Share
Competitive Evaluation of Product
Distinct Competitive Advantage
Competitive Weaknesses
Future Competitors
 

MARKETING & SALES

Products Offered
Pricing
Distribution
Promotion
Advertising & Publicity
Trade Shows
Partnerships
Discounts and Incentives
Sales Force
Sales Forecasts
 

OPERATIONS

Product Development
Development Team
Development Costs
Development Risks
Manufacturing
Production Processes
Production Equipment
Quality Assurance
Administration
Key Suppliers
Product / Service Delivery
Customer Services and Support
Human Resource Plan
Facilities
 

MANAGEMENT & ORGANIZATION

Management Team
Open Positions
Board of Directors
Key Personnel
Organizational Chart
 

CAPIGTALIZATION AND STRUCTURE

Legal Structure of Company
Present Equity Positions
 

RISKS AND CONTINGENCIES

Increased Competition
Loss of a Key Employee
Suppliers unable to meet deadlines
Change in Business Conditions
Other
 

FINANCIAL PROJECTIONS

Assumptions
Financial Statements
Income Statement
Balance Sheet
Cash Flow
Ratio Analysis
 

APPENDICES

Management CVs
Etc.