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Atlantic Toboggan #5

presented by October France

€120,000

6.6%

60 months

B

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location

Location

Saint-Hilaire-de-Riez, France

activity

Activity

Events

Presentation of the company

Created in 1988 Atlantic Toboggan is active in the theme park sector. The company, located in Saint-Hilaire-De-Riez, has 4 employees. Since 2016, it has been managed by Olivier Geslin.

Project description

The company requests 120000 € over 60 months to finance mobile homes to house seasonal workers in the park. 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 60% as part of their program to support SMEs business development projects. 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.