About ICFSME
The Iraqi Finance Company is a company subject to the control and supervision of the Central Bank of Iraq in accordance with the license issued to it by the Central Bank under No. (9/3/3359) for the year 2011. The company serves financing small and medium enterprises for the commercial, agricultural, industrial, service and health sectors.
- Our vision: - Improving the economic reality of the private sector and improving the lives of individuals by financing their projects, developing capabilities, and investing them in effective projects that raise the family’s standard of living and increase the gross national product.
- Our goal: Our main goal is to achieve sustainable development and diversify economic activity by reducing the level of poverty and unemployment through financial support and financing small and medium projects through a direct lending policy.
Loans Disbursed
+ 6005
Loan Portfolio
+ $90 million
Females Rate
% 23
New job opportunities
+ 6524
ICF-SMEs
We are proud to be the first company in Iraq licensed by the Central Bank of Iraq
What can we offer you?
Discover Our services
Service Loan
Agricultural Loan
Trade loan
Industrial loan
Looking for a loan?
Loan Calculator
Loan Amount :
Term :
Monthly Payment
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Total Amount
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The loan calculator is only a rough guide to the installment. The results are not considered final approval for your loan. To know the specific amounts and interest rates Please call us on 07721600500 or visit the company branch
Shareholder Banks
ICF-SMEs
Why choose us?
With our core values
Transparency
It is one of the pillars upon which the company relies in disclosing its financial position and financial statements that express the real level compared to its equivalent in the financial and business market.
Team Work
We work as one team with a group of employees with scientific specializations in the field of banking and finance, with the possibility of developing technical skills according to the prevailing needs and regulations.
innovation
Where our employees innovate new products based on modern international concepts and follow safety and security standards to serve our customers and ensure our continued success in providing the best. .
latest news
Participation of the Iraqi Project Finance Company in the National Forum
The Iraqi Company for Financing Small and Medium Enterprises participated as a gold sponsor in....
Iraqi Company for Financing Small and Medium Enterprises Participates as a Gold Sponsor in the International Payments and Banking Technologies Conference 2024
Under the patronage of His Excellency the Prime Minister, Mr. Mohammed Shia Al-Sudani, and under....
Signing a contract with Fintech to develop integrated digital solutions
Signing a strategic contract with Fintech Financial Systems Solutions, as part of the company’s efforts....
We can help you answer these questions
(Civil status identity – Iraqi nationality certificate – residence card or endorsement – ration card, if any) or national card “photocopy + original” – 2 personal photos.
- (Civil status identity – Iraqi citizenship certificate – housing card or endorsement – ration card, if any) or national card “photocopy + original” – personal photo number 2.
- A salary confirmation addressed to the “Iraqi Company for Project Finance” stating the value of the current salary and confirming his continuity of service, Or a salary tape (original copy) of a recent record in which the date of issuance of the tape is mentioned.
Note that the validity of the salary endorsement or salary tape is three months from the date of issuance.
When applying for a loan, The applicant must fulfill the following conditions:
- He shall not be less than 18 years old and shall not exceed 65 years old, except with an exception issued by the higher management.
- At least one year has passed since the start of his project.
- The applicant’s project must be located in the governorate in which he is applying for the loan.
- The applicant must have a strong ability and commitment to repay the loan on time.
- The applicant must secure enough guarantors to cover the loan repayment.
- The project must be legal however the business does not have to be licensed or registered.
The Iraqi Company for Project Finance offers flexible loans amounting to 25 million dinars for a period ranging between 8 and 36 months. The size and term of the loan is based on the business owner’s need, ability to repay, use of the loan, and credit history.
A small, proportional amount is charged as an application fee and expense, It is paid with the monthly due payments. Fees vary from one loan to another depending on the loan type, size, term and cycle. The deducted amount is used to cover administrative and operating expenses.
The old guarantor can be replaced by a new guarantor whose ability to repay is equal to or greater than the old guarantor. The sponsor is changed in the following cases:
That the sponsor dies – moves from the governorate – becomes unemployed – if the sponsor wants to request a loan or wants to stop sponsoring the customer for personal reasons.
The sponsor has the right to guarantee only one borrower during the term of the loan.
Types of loans:
- Trade loans
- Service loans.
- health loans
- industrial loans
- agricultural loans
- You can visit our offices and apply for the loan.
- Or you can call the customer service center at 07721600500
- You can also contact us through the Facebook and Instagram pages of the Iraqi Company for Project Finance.
- You can also contact us via our website https://www.icfsme.iq
The payment process is done on a monthly basis, as a timetable is set by the Iraqi company, and payment should be made at the banks or specified outlets on the payment vouchers provided by the company.
When the customer has submitted all the loan requirements, and was visited by the loan officer, then the loan officer’s supervisor will be informed of the result about five days after the company’s staff visit.
The lending process is free, and the company, its staff and employees, do not accept any gift or the like.
Sponsor of an employee in any department of the state and a notary bill
