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Application Requirements

1GENERAL REQUIREMENTS
IDCE general requirements for applications include company legal documents:
a) Memorandum of association
b) Certificate of incorporation
c) Form J
d) Form C
e) Tax clearance certificate
f) Trading license
2BUSINESS DOCUMENTS REQUIRED:
a) A business plan, an application letter and cash projection.
b) A contract document, a purchase order and letter of intent
c) A shareholders resolution to borrow
d) A contractor’s confirmation of contract
e) Company address, bankers, auditors and authorized signatories
3REQUIERED PROMOTER DOCUMENTS:
a) Identity documents of shareholders and directors
b) Passport sized photos
c) Personal balance sheets of shareholders and directors
d) CV’s of shareholders and directors
e) Contact numbers and addresses of shareholders and directors
4REQUIRED DOCUMENTATION:
The following documentation should be attached:
a) 3 quotations with serial engine numbers
b) Asset model for new assets only
c) Supplier addresses and contact numbers
e) Insurance quote from AON brokers, Lidwala and SRIC
f) Quote for tracking device
5CONTRIBUTION DOCUMENTS:
a) Bank statement showing proof of 10% deposit
b) Proof of first instalment to be paid in advance
c) E200.00 application fee

Appraisal documents

These should include an Input Tax Clearance (ITC) check plus an original invoice with a serial chassis number.
6GENERAL REQUIREMENTS FOR LOANS AND ADVANCES FOR NEW PROJECTS
Registered company
a) Copy of lease agreement
b) Proof of collateral
c) E500.00 application fee

For existing projects

a) Copy of lease agreement
b) Poof of collateral
c) E500.00 application fee
d) Reference of previous jobs done
7GENERAL REQUIREMENTS FOR SOLE TRADERS APPLICATIONS FOR LOAN ADVANCE
Sole trader’s details required
a) Copy of ID
b) Graded tax number
c) Passport sized photo
d) Physical home address

Business documents required
a) Business proposal with cash flow
b) Contract document/ purchase order/ letter of intent
c) Trading license
d) Lease agreement

Contribution documents required
a) Application fee
b) Proof of collateral

Additional requirements for existing projects

a) Daily takings records
b) Bank statement (6 months)
8APPLICATION REQUIREMENTS FOR INDUSTRIAL SPACE
Companies

• Certificate of incorporation
• Memorandum and articles of association
• Certified copies of ID’s of Directors
• Form J
• Form C
• Trading Licence

Sole traders

• Certified copies of ID’s of Directors
• Trading licence

APPLICATION SUBMISSION DETAILS

Applications with all requisite documents can be sent to info@idce.co.sz or be hand delivered at IDCE offices at Dlanubeka House 5th Floor.
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