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Add Up

presented by October France

€200,000

7.7%

36 months

B

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location

Location

Paris, France

activity

Activity

Information & Communication

Presentation of the company

Created in 1991 Add Up is active in the IT consulting sector. The company, based in Paris, has 40 employees. Since 2017, it has been managed by Gilles Amanou.

Project description

The company requests 200 000 € over 36 months, with 9 months deferred period 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 98 000 € which is in line with the regulatory limits.