Loan for Cultural and Creative Companies
The IFCIC loan is for French businesses and associations in the cultural and creative sectors, up to mid-sized company size, excluding sole proprietorships and personal loans. It can finance development, editorial strategy, innovation or intangible investment. The term ranges from 12 months to 10 years depending on the need; the rate is fixed according to the scale in force, and a capital repayment holiday may be provided.
Cultural and creative businesses often need to finance intangible assets, production projects or commercial development that banks find hard to assess. IFCIC offers loans suited to these needs, often alongside a bank guarantee and other financial partners. The amount is set according to the project and repayment capacity: it is not a flat-rate grant.
Funded by Institut pour le Financement du Cinéma et des Industries Culturelles (IFCIC), Ministère de la Culture
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Who can apply
Eligible: businesses and associations set up in France and active in the cultural and creative sectors within the remit of the Ministry of Culture — film and audiovisual, video games, live performance, music, fashion, press, bookshops, publishing, galleries, design, artistic crafts, theatre, museums, heritage, architecture and digital arts, among others. Businesses may be up to mid-sized company size. Sole proprietorships and personal loans are excluded.
Eligibility conditions
IFCIC examines the project, the balance of the financing plan, repayment capacity and the other resources raised. The loan often complements bank financing or an IFCIC guarantee. Contact IFCIC early to determine whether the loan or the guarantee is the most suitable tool and to confirm the conditions specific to your sector.
What the scheme covers
The loan can support development and structuring, notably intangible investment such as an editorial strategy, diversification or international and digital development. Depending on the project, it can also contribute to cash-flow, production or takeover needs. Property acquisition is not a typical use of the development loan described by IFCIC; have the precise expenditure validated.
Amount and funding terms
The amount is set according to the project and its financing plan. The repayment term is between 12 months and 10 years; a capital repayment holiday may be provided. The loans bear interest at a fixed rate according to the scale in force and take no guarantee or security from the borrower. Participating loans may include additional variable interest depending on the business’s success. Ask for a simulation suited to the project.
How to apply
Contact IFCIC before finalising your financing. Present the activity, the project, the accounts, forecasts, expenditure and the other financing planned. Ask whether a bank guarantee, a conventional loan or a participating loan is most suitable, then obtain the applicable terms, documents and timescales.
Timeline
IFCIC solutions are examined according to the project’s characteristics. No general deadline is given for this loan: contact IFCIC directly to find out the procedure and review times.
Key facts
- Funder
- Institut pour le Financement du Cinéma et des Industries Culturelles (IFCIC), Ministère de la Culture
- Type of funding
- Loan
- Status
- Ongoing
- Geographic scope
- All of France
Frequently asked questions
Who is this aid for?
Eligible: businesses and associations set up in France and active in the cultural and creative sectors within the remit of the Ministry of Culture — film and audiovisual, video games, live performance, music, fashion, press, bookshops, publishing, galleries, design, artistic crafts, theatre, museums, heritage, architecture and digital arts, among others. Businesses may be up to mid-sized company size. Sole proprietorships and personal loans are excluded.
What amount or rate can be obtained?
The amount is set according to the project and its financing plan. The repayment term is between 12 months and 10 years; a capital repayment holiday may be provided. The loans bear interest at a fixed rate according to the scale in force and take no guarantee or security from the borrower. Participating loans may include additional variable interest depending on the business’s success. Ask for a simulation suited to the project.
Which conditions should be checked?
IFCIC examines the project, the balance of the financing plan, repayment capacity and the other resources raised. The loan often complements bank financing or an IFCIC guarantee. Contact IFCIC early to determine whether the loan or the guarantee is the most suitable tool and to confirm the conditions specific to your sector.
Which expenditure or operations are concerned?
The loan can support development and structuring, notably intangible investment such as an editorial strategy, diversification or international and digital development. Depending on the project, it can also contribute to cash-flow, production or takeover needs. Property acquisition is not a typical use of the development loan described by IFCIC; have the precise expenditure validated.
Official source
No official URL is available in our data for this grant.
Other grants of type “loan”
Other grants from Institut pour le Financement du Cinéma et des Industries Culturelles (IFCIC), Ministère de la Culture
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