€30,000
2%
12 months
C-
lent to this project, means…
paid back in total
taxes not included
Create your accountWarning Lending money to SMEs presents a risk of capital loss and requires your savings to be immobilised.
Location
Paris, France
Activity
Commerce
Founded in 2018, 52 Rue Thiers is active in the field Clothing retail. The company is located in Paris and has 1 employees. Since 2018, it is managed by Mikael Leo
The company wishes to borrow 30,000 € to ensure its continuity following the impact of the COVID-19 crisis on its activity. 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 and the French State supports this company with a guarantee: the principal is guaranteed up to 90%. If the company cannot repay the loan, the State will partially reimburse the lenders on behalf of the company. This State-guaranteed loan is initially a 12-month deferred loan with payment of interest (2%) and principal at the end of the loan. After 12 months, the borrower can (partially) repay the loan. Otherwise, the borrower will repay the loan over a period of 1 to 5 years. A new interest rate of 5,41% will then be applied.