Need: Treasury; Investment; Development
Description: IFCIC, a credit institution specializing in the cultural and creative sectors, has a mission of general interest: to promote access to financing for businesses and associations in these sectors. IFCIC loans, open to all cultural and creative businesses and associations, are generally repayable in the medium term. Since they do not include any guarantee taken on the borrower (e.g. personal guarantee), they may take the form of participatory loans. In the context of the health crisis, IFCIC loans have been adapted and strengthened.
Objectives: The purpose of IFCIC loans is to provide financing, often in addition to other resources, tailored to the needs of cultural and creative businesses.
Funder: IFCIC