IDB Invest is an economic development agency based in Washington, District of Columbia. Established in 1985, IDB Invest is a member of the Inter-American Development Bank (IDB) Group and promotes private sector development in Latin America and the Caribbean. The firm provides financial products and advisory services to large corporates, financial intermediaries, micro, small and medium enterprises (MSMEs), and partially or wholly-owned state enterprises. The firm helps to streamline management processes in companies and provides them with financing in the form of equity investments, loans, and guarantees. IDB Invest also provides funding to cover foreign exchange or local currency expenditures, acquire fixed assets, meet working capital needs, refinance short-term debt, finance intangible assets, and for other purposes that foster economic development. The firm provides debt financing facilities such as senior debt, subordinated debt, and loans for the purpose of refinancing to small and medium-sized companies. IDB Invest caters to industries such as agriculture, telecommunications, transportation, financial services, energy, and many others.