Back to subMenu
STEPS TO FOLLOW
1. Project Company (PC) browses this site
(this is strongly recommended) for general
knowledge and provides International Investment Council, Washington, D.C. (IIC),
Letter of Assignment.
2. IIC obtains Resolution of Advisory Board, including which Auxiliary Company (AC) of
IIC-Group will provide the requested services and res- ponds to PC with
Qestionarry
and, after recei-ving it back completed Letter Contract (LC).
LC stipulates arm's-lenght work excluding any cooperation
3. PC approves (sign and return LC), and wires
admission fee. It accepts obligations to
keep day-to-day contacts with IIC or AC and to pro-vide any
required information.
4. IIC / AC develops financial modes with solid business plan, all required analyses,
risk assessment, free until to PC is granted the desired loan.
5. AC / PC submits the documentation (electronic and papers) to government Export
Credit Agency (ECA), and answers all questions to the auditors and private investors
(if any).
6. PC receives from ECA within up to 45 days Letter of Commitment on Government
letterhead that the PC is approved borrower and the credit loan is extended.
7. IIC monitors the performance of the project and controls the
operational risk factor
during the loan life. The remunerations are included in the Cash-flow Pro-forma
Budgeting of the Business Plan.
