Business loans
Where we fund
Your SME or growing business operates in an Iraq governorate: Al Anbar (Ramadi), Babil, Baghdad, Basra, Dhi Qar, Al-Qādisiyyah, Diyala, Duhok, Erbil, Halabja, Karbala, Kirkuk, Maysan, Muthanna, Najaf, Tikrit, Sulaymaniyah and Wasit. For business loans in Nineveh (Mosul), please visit the Northern Iraq Investments (NII) website.
Business Sector
Your business is in one of our preferred sectors: Education, Healthcare, Agri-Processing, Manufacturing, or Key Services (Energy/ Waste / Water / Recycling). Other sectors can be considered on a case-by-case basis.
Economic Impact
Your business is making a positive social and economic impact: e.g. creating jobs, empowering women, benefiting the environment, etc.
Loan Criteria
Loans from USD100k to USD2.0m
You require medium-term loan capital between USD 100,000 and USD 2.0m for a loan duration of up to 5 years.
You have an established business
You have an established business: operating for 2-3 years and has an annual turnover of 1.5 times the loan amount. We do consider startups on a case-by-case basis.
Collateral requirements
We expect entrepreneurs to (partly) secure the loan if collateral is available. Personal guarantees of the entrepreneur(s) are required.
How to apply
Complete an online assessment
Click on ‘I’m Interested’ to complete an online assessment. A GroFin Iraq representative will contact you should you qualify.