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Abat Jours

presented by October France

€60,000

9.6%

48 months

C

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location

Location

Wattrelos, France

activity

Activity

Commerce

Presentation of the company

Created in 2010 Abat Jours operates in the non-specialised retail sector. The company, located in Wattrelos, has 8 employees. Since 2017, it has been managed by Grégory Van Wassenhove.

Project description

The company requests 60 000 € over 48 months to strengthen its cash position. 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. The amount offered on the platform is limited to 29 400 € which is in line with the regulatory limits.