€200,000
5%
36 months
B
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Location
Bègles, France
Activity
Industry
Presentation of the company
Created in 2014 4 R Concept is active in the manufacture of bicycles and invalid carriages sector. The company, based in Begles, has 4 employees. Since 2017 it is managed by Chenut Thomas Weslay Sylvain.
Project description
The company requests 200000 € over 36 months to finance its working capital needs in order to ensure the orders of bicycles. This project will be realised in the coming months and the project description is based on the company’s input. This project is an Instant Project. The French public investment bank (Bpifrance) provides a guarantee to this company: the principal is guaranteed up to 50% as part of their program to support SMEs liquidity needs. If the company goes into insolvency proceedings, Bpifrance will partially reimburse the lenders on behalf of the company. The guarantee will not apply if the loan fails within 9 months after the financing.