الإستفسارات المتكررة

ICFSME is a company regulated and supervised by the Central Bank of Iraq under License No. (9/3/3359) of 2011. It provides financing for small and medium enterprises in commercial, agricultural, industrial, and service sectors.

Basic Conditions:

An existing project for at least one year
Client age between 18 – 63 years
Government employee guarantor

Required Documents:

National ID copy
Project lease contract
Salary confirmation for the guarantor
Guarantor pledge form

The company provides flexible loans up to 25 million IQD for a period ranging from 8 to 36 months, based on feasibility and credit assessment.

The company finances all commercial, industrial, service, and agricultural activities with facilitated mechanisms.

Clients receive financing within 5 working days after completing all required documents and final approvals.

The guarantor is entitled to guarantee only one person during the loan period to ensure financial solvency.

Reception is via banks specified by the company. Repayment is via the mobile app, electronic payment cards, or approved banks.

The lending process is completely free of hidden commissions. The company and its employees do not accept any gifts or amounts outside official fees.

You can apply via: our branches, the website directly, or the company's mobile application.

Yes, all or part of the profits are deducted depending on the case.

Yes, 1% of the financing amount is deducted in advance as administrative fees.

No, joint guarantee is not accepted.

No, retirees cannot be guarantors.

Yes, both the client and the guarantor must visit the branch during the application stage.

Yes, it affects and depends on other credit data related to the client and guarantor.

Micro-enterprises are those with 1 to 5 full-time employees, or monthly revenues of less than 5 million IQD.

Small enterprises are those with 6 to 49 full-time employees, or monthly revenues between 5 and 30 million IQD.

Medium enterprises are those with 50 to 250 full-time employees, or monthly revenues between 30 and 150 million IQD.

FrequentlyAsked Questions

Help Center

Basic Conditions:

Required Documents:

Help Center

Who is the Iraqi Company for Financing Projects?

What are the conditions and documents required for a loan?

Basic Conditions:

Required Documents:

What is the maximum loan amount and repayment period?

What activities does the company finance?

How long does it take to obtain financing?

Is the guarantor allowed to guarantee more than one borrower?

What are the methods for receiving and repaying the financing?

Is the lending process free?

How can I apply for a loan?

Is there a discount for early repayment?

Are there administrative fees?

Is joint guarantee accepted?

Can a retiree be a guarantor for financing?

Is it necessary to visit the branch when applying for financing?

Does defaulting with other financing companies affect obtaining financing?

What is meant by micro-enterprises?

What is meant by small enterprises?

What is meant by medium enterprises?