Qualifying Companies for Access to Finance

Objective
The main purpose of this programme is developing and promoting enterprises to be eligible to access the finance of commercial banks and investors through a group of experts and consultants in the field of structuring and financing as follows:

First Stage: Thorough Examination (Study of the Current Status, Proposing and Finding Alternatives)

Study and analyze the following aspects:
- Structure
- Legal status
- Financial status

Second stage: Assist in Obtaining Loans

Preparing a report showing cash flow projection and financial statements.

Third stage: Attracting Investors

Preparing a final version of presentations and notes including the company's organizational chart and structure to attract investors and showcasing the current and predicted financial model of its operations and ways to utilize the expected revenues.

Targeted Results

- Maximizing the investment value of companies through enhancing its institutional structure
- Facilitating procedures to obtain required finance from different sources.
- Facilitating attracting new investors to the company

Funding for Development Programme
The main purpose of this programme is to facilitate access to finance for the IMC beneficiary clients
by helping them present an acceptable loan file to the financial institutions as follows:

Mortgage Financing
It is a long term financing tool presented by mortgage companies.

Finance Leasing
This is a new long term financing tool provided through the leasing companies for fixed assets only, the repayment period is between 5 to 10 years depending on the client studies.

The Banks and Mortgage Financing Companies dealing with IMC are:

• National Bank of Egypt
  
• Arab African International Bank
  
• Arab Bank
  
• Audi Bank
  
• Bank of Alexandria
  
• Banque Misr
  
• Commercial International Bank
  
• Egyptian Gulf Bank
  
• Egyptian Saudi Finance Bank
  
• Export Development Bank of Egypt
  
• Industrial Development Bank of Egypt
  
• National Bank for Development
  
• Piraeus Bank
  
• Societe Arabe Internationale de Banque
  
• Corplease
  
• Incolease
  
• Sogelease
  
• Finance company

Guarantee Programme:
This programme is being implemented by the Credit Guarantee Company (CGC), whereby CGC would guarantee the repayment by the beneficiary client with maximum 75% of the loan provided by the banks (short and long term finance), where the loan amount shall not exceed LE 10 million and
CGC guarantee shall not exceed LE 2,5 million.

Export Guarantee Programme:
The Export Credit Guarantee Company (ECGE) is managing two programs:

Factoring Services:
IMC subsidizes the factoring fees related to export shipping bills through ECGE.

Insurance Services:
IMC subsidizes 50% of the premium period for the insurance policy issued by the Egyptian export
credit guarantee company which guarantees the export repayment.

Private Equity Funds:
In addition to facilitating access to the required finance for IMC clients from the banking sector; IMC has also established the first two SMEs private equity funds with CI Capital and Arab African Investment Management. Moreover, IMC has already joined forces to form two funds for different-sized companies:
- HORUS Agribusiness with EFG-Hermes
- CORAL with Concord Int'l

Stock Exchange for Small and Medium Enterprises (NILEX):
In collaboration with the Egyptian Stock market (NILEX), IMC is supporting the enlisting and trading
operations by 50% as a finance tool contributing to increasing the capital of those companies.