Investment Loans

• Investment Loans
  • Loan applications must be submitted on company letterhead and include the following information: Company denomination - Company purpose - Share capital for legal persons - Contact details (address, email, phone number, etc.) NIF (Fiscal Identification Number), NIS (Statistical Identification Number) and Trade Register number.
• • The application must bear the company stamp, be dated and signed by the authorised person, specify the requested amount and provide justification. It must also include details of the requested loans, the amount and the offered guarantees covering the loan, as well as the requested deferment duration.
• • This application must clearly state the type, amount, duration and purpose of the loans requested, as well as the personal and real guarantees offered.

• A copy of the Trade Register and/or a copy of the presented authorisation, if applicable;

• A copy of the articles of association;

• A copy of the Fiscal Identification Number (NIF), Statistical Identification Number (NIS) and National Identification Number (NIN);

• A decision designating the individuals authorised to operate the account and enter into financial commitments. This must be provided on company letterhead and signed by someone with full authority to represent the company.

• A Board of Directors' resolution authorising the investment for public economic enterprises.

• Provisional balance sheets and income statements (TCR) for the duration of the loan;

• A provisional financing plan for the loan period;

• Estimated and quantitative quotes for works already completed or to be completed;

• Pro forma invoice or final contract for the equipment to be acquired;

• Statement of assets of the shareholders;

• The granting decision for fiscal and social security benefits issued by the Algerian Investment Promotion Agency (AAPI) (formerly ANDI);

• Cleared fiscal and para-fiscal documents dated within the last three (3) months for businesses already in operation and a declaration of existence for those not yet active;

• The concession deed or property deed/land register for the production unit and head office;

• A copy of the building permit and certificate of conformity;

• Assessment of the unit and assets taken or proposed as mortgage by a firm accredited by a CPA;

• A detailed techno-economic study (product designation, detailed and quantified market analysis, commercial analysis, technical analysis and analysis of the components of the planned investment);

• Descriptive and estimated statement of civil engineering and building works completed and remaining to be done, issued by a licensed architectural firm;

• All supporting documents for expenses already incurred as part of the project.

• A valid construction permit;

• Site layout and location plan for the upcoming project;

• Architectural and structural framework plans;

• For quarry projects: A geological survey of the site, exploitation and/or concession authorisation issued by the relevant authority, mining title;

• A quality analysis study of the deposit for construction material production projects;

• Authorisations or accreditations from the relevant authority for activities in the tourism or healthcare sectors;

• CTC agreement for the infrastructure that will host the investment projects.

In addition to the documents required above, construction and public works companies must also provide the following:

• An updated project data sheet for each contract;

• A summary statement of ongoing projects, including contract amounts, project managers, remaining work, execution deadlines and remaining time;

• Cumulative financing plan for contracts;

• A list of execution equipment;

• Company qualification certificate, issued by the relevant authorities.