Loans and Services

Commercial loan

It is a loan allocated to owners of medium-sized projects, through which working capital is financed or fixed assets are purchased. It is granted to projects that enjoy strong and stable cash flows and are managed by highly qualified and skilled individuals. The projects are carefully selected and studied. Target group: Owners of registered and independent projects.

Loan Amount

The loan amount ranges from 1 million to 25 million Iraqi dinars.

Term

Maximum repayment period is 36 months (for new and renewed customers)

Guarantees

A government employee sponsor covers half of his salary and the monthly installment value.

Loan receipt period

Maximum 10 days

Required Documents

1- Identification documents of the borrower and the guarantor
2- Confirmation of the continuity of service of the guarantor addressed to (Iraqi Project Finance Company)
3- Two personal photos
4- Certified housing confirmation
5- Project lease contract

Service loan

It targets all projects that provide services, whether health, maintenance services, tourism companies, photography shops... and is used to improve the infrastructure, use modern equipment, or for expansion purposes.

Loan Amount

The loan amount ranges from 1 million to 25 million Iraqi dinars.

Term

Maximum repayment period is 36 months (for new and renewed customers)

Guarantees

A government employee sponsor covers half of his salary and the monthly installment value.

Loan receipt period

Maximum 10 days

Required Documents

1- Identification documents of the borrower and the guarantor
2- Confirmation of the continuity of service of the guarantor addressed to (Iraqi Project Finance Company)
3- Two personal photos
4- Certified housing confirmation
5- Project lease contract

Agricultural loan

Covers the needs of agricultural projects, such as purchasing new agricultural machinery, financing irrigation systems, building crop stores, or purchasing poultry and livestock.

Loan Amount

The loan amount ranges from 1 million to 25 million Iraqi dinars.

Term

Maximum repayment period is 36 months (for new and renewed customers)

Guarantees

A government employee sponsor covers half of his salary and the monthly installment value.

Loan receipt period

Maximum 10 days

Required Documents

1- Identification documents of the borrower and the guarantor
2- Confirmation of the continuity of service of the guarantor addressed to (Iraqi Project Finance Company)
3- Two personal photos
4- Certified housing confirmation
5- Project lease contract

Industrial loan

It targets start-ups and family businesses that manufacture products and is usually used to purchase new or used equipment necessary for industrial processes, or to expand production, enter new markets and increase sales.

Loan Amount

The loan amount ranges from 1 million to 25 million Iraqi dinars.

Term

Maximum repayment period is 36 months (for new and renewed customers)

Guarantees

A government employee sponsor covers half of his salary and the monthly installment value.

Loan receipt period

Maximum 10 days

Required Documents

1- Identification documents of the borrower and the guarantor
2- Confirmation of the continuity of service of the guarantor addressed to (Iraqi Project Finance Company)
3- Two personal photos
4- Certified housing confirmation
5- Project lease contract

Literal loan

It is a loan allocated to support owners of manual professions and craftsmen in various fields. This type of financing aims to provide the necessary capital to start or expand their craft projects, which helps them develop their skills and achieve success in their businesses in the field of silversmithing, agate shaping, carpentry, blacksmithing, aluminum, sewing, leather products, pottery, mat making and handicrafts.

Loan Amount

The loan amount ranges from 1 million to 25 million Iraqi dinars.

Term

Maximum repayment period is 36 months (for new and renewed customers)

Guarantees

A government employee sponsor covers half of his salary and the monthly installment value.

Loan receipt period

Maximum 10 days

Required Documents

1- Identification documents of the borrower and the guarantor
2- Confirmation of the continuity of service of the guarantor addressed to (Iraqi Project Finance Company)
3- Two personal photos
4- Certified housing confirmation
5- Project lease contract