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Avenir

presented by October France

€100,000

9.9%

60 months

C

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location

Location

Montrouge, France

activity

Activity

Restaurants and catering services

Presentation of the company

Created in 2019 Avenir is active in the sector of drinking establishment activities. The company, located in Montrouge, has 7 employees. Since 2019 it has been managed by Fatos Torun.

Project description

The company requests 100 000 € over 60 months, with 9 months deferred period to strengthen its cash flow. 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. As part of the company’s investment plan, the company can request another loan on the platform within the coming quarter. The maximum amount the company can borrow on October is 200 000 €. The amount offered on the platform is limited to 49 000 € which is in line with the regulatory limits.