back
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 Asignment.
2. IIC obtains Resolution of Advisory Board, inclu- ding which Auxiliary Company (AC) of IIC-Group will provide the requested services and responds to PC with Qestionarry and, after re-ceiving it back completed, Letter Contract (LC).
LC stipulates "arms -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 letter-head 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.
