Service Operations

This refers to the following business types

  • Hotel and Tourist Attractions

  • Catering

  • Construction

  • Repair of motor vehicles

  • Laundry & Dry Cleaning

  • Funeral Parlours

  • Gardening & Landscaping

  • Hair Salons

  • Arts & Crafts

  • Beauty Salons

  • Medical Services

  • Phones Shops

  • Recycling services

  • Upholstery

  • Sewing & Knitting

  • Security Services

  • Driving Schools

  • Printing & Publishing

  • Engineering Services

  • Secretarial Services

  • Video Production Services

  • IT Systems

  • Travel Agencies

  • Insurance, Debt Recovery and Glass Works etc.

Normal CEDA criteria for assessing the above mentioned apply, which in principle requires the below:

  • Trading area to be secured and lease agreements to be in place

  • Appropriate land use documentation to be availed

  • Projected profitability

  • Sustainability

  • Good credit rating for promoters

  • Relevant managerial expertise

  • Evidence of sustainable market

  • Anticipated growth of business and

  • Good security to be held by agency.

Requirements

In general, the following documentation is required:

  • Existing Businesses

  • Tax clearance certificate

  • Historical Financials

Other Documents Required

  • Financial projections

  • Company resolution to borrow

  • Certified copies of IDs

  • Personal Balances sheets of Directors

  • Business Plan

  • Market brief document

  • Cover letter for loan application

  • CVs of Directors/Management

  • Certificate of Incorporation plus related documents

  • Share Certificates

  • Quotations from suppliers

  • Copy of Trading Licence (where applicable)

Product Sectors: 
Services