Funding methods
- Certified Bank Check: for funding up to USD 3,000,000.
- Bank Credit Account Facility: for funding above USD 3,000,000, supporting staged utilization and monitoring.
Structuring & bank fees
| Funding amount | Upfront structuring / bank fee |
|---|---|
| Up to USD 3,000,000 | 10% |
| USD 3,000,001 - 10,000,000 | 9% |
| USD 10,000,001 - 19,999,999 | 8% |
Initial documentation
- Passport / ID and proof of address
- Corporate documents where applicable
- Business plan / executive summary
- Funding breakdown
- Timeline and execution plan
- Supporting technical and financial documents
Repayment framework
The program document states a 12-month grace period followed by a 3-to-7-year tenor selected based on feasibility and client choice. A bank profit margin is applied to the total funded amount and distributed proportionally across instalments.
Program perspective
The under-USD-20-million program separates the project-funding requirement from the method of delivery. Smaller facilities may use a certified bank-check structure, while larger amounts within the program may be delivered through a bank credit account facility with controlled allocation and staged utilization.
For the client, the essential work is to present a complete project file: applicant KYC, corporate documents where applicable, executive summary or business plan, funding breakdown, timeline, technical and financial support documents and a credible repayment source.
What GIGT adds to the process
As the authorized agency and consulting channel, GIGT helps the client clarify the request, organize documents, understand the relevant program structure and maintain disciplined communication through the application and follow-up process. Final banking approval, contractual terms, compliance decisions and execution remain with ICBANK.
Corporate, KYC and transaction information should be complete, internally consistent and current before escalation.
Applicants should read the official program PDF and later bank documents together rather than relying on a website summary alone.