ICDC DEBT PRODUCTS

Industrial & Commercial Development Corporation (ICDC) is the pioneer Development Finance Institution (DFI), established in 1954 to facilitate industrial and economic development of Kenya by aiding in the initiation, assistance and expansion of industrial and commercial undertakings.
For more than 60 years ICDC continues to promote projects in sectors that have potential for job and wealth creation therefore strengthening the competitiveness of our country and accelerating its economic growth towards achievement of Vision 2030.
As a Development Finance Institution, ICDC has been instrumental in identifying and growing some of the most successful enterprises in Kenya. They are responsible for the creation of a number of Kenya’s blue chip companies.

CORPORATE LOAN

This facility is available for working capital, business initiation or expansion requirements.

Features

• Minimum amount: Ksh 5m
• Competitive interest rates
• Tenure: Up to 7 years

WHOLESALE LOAN

This facility is offered to financial institutions that require funding for onward lending to entrepreneurs who may not access the funding directly from ICDC.

Features

• Minimum amount: Ksh 10m
• Competitive interest rates
• Tenure: Up to 5 years

ASSET FINANCE

This product targets corporate clients who seek to acquire, modernize and/or increase fleet of motor vehicles (non-PSV), machinery & equipment.

Features

• Loan amount Up to Kshs 30m
• Competitive interest rates
• Tenure:

Motor vehicle up to 5 years,

Machinery, Plant & Equipment up to 8 years

LINES OF CREDIT

This is an approved loan limit amount available for draw down over a period of up to one year. It is designed to address unforeseen liquidity constraints.

Features

• Loan amount: Up to Ksh 300m
• Competitive interest rates
• Tenure: reviewed annually

BRIDGING FINANCE

This is a facility offered as a short term stop gap measure for a maximum period of three years as an entrepreneur seeks for longer term financing.

Features

• Loan amount: Up to Ksh 300m
• Competitive interest rates
• Tenure: Up to 3 years

CONTRACT FINANCE

This is designed to allow businesses to access short term loans for working capital to supply goods on contract or undertake tendered projects.

Features

• Loan amount: Up to Ksh 200m
• Competitive interest rates
• Tenure: Up to 3 years