Textiles and Wood Products Funding
Applicants should be existing manufacturers seeking to expand or modernise, manufacturers in distress with a clear turnaround plan, or entrepreneurs starting small to medium manufacturing facilities.
Always open
Loan
You can apply at any time
There is no closing date. Apply through the official channel below.
About
IDC funding supports businesses in textiles and wood products, from clothing, fabrics and leather goods to sawmilling, paper, packaging and furniture. It is intended for manufacturers expanding or modernising, manufacturers in distress with a turnaround plan, and entrepreneurs starting small to medium manufacturing facilities. Funding can support fixed assets and the fixed portion of growth in working capital.
What it covers
- Clothing manufacturing
- Natural and synthetic fibre production and beneficiation
- Leather tanning and leather product manufacturing
- Footwear manufacturing
- Spinning, knitting, weaving, non-woven textiles, dyeing, printing and fabric finishing
- Household textiles
- Sawmilling
- Paper and pulp manufacturing, paper-based packaging and furniture production
Who can apply
Security appropriate to the business’s circumstances
Compliance with international environmental standards
Relevant bargaining council compliance
Owners/shareholders generally contribute 35% of total assets for going concerns and 45%–50% for start-ups, depending on industry norms and risks
Documents to prepare
Executive summary
Business plan
Relevant documents and certificates
How to apply
- 1Prepare a well-researched business plan stating the case for funding.
- 2Register online or submit the application at an IDC office.
- 3Upload the application with relevant documents, certificates and business plan.
- 4IDC confirms receipt and may request additional information or documents.
- 5Receive the application outcome in writing; successful applications proceed to due diligence.
- 6Sign a loan contract if requested after IDC verifies the applicant’s bona fides.
Sources
Official sourceIndustrial Development Corporation (IDC)Checked against www.idc.co.za on 26 Oct 2026. Govnet is independent — always confirm with the provider.