BK

Presentation of the company

Created in 2016, BK is active in the retail sale of sporting equipment in specialised stores sector.

The company, based in Metz, has 6 employees. From 2016, it is managed by Abdelkrim Belabdi.

Project description

The company request €100.000 to ensure its continuity following the impact of the COVID-19 crisis on its activity. 

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 4.91% will then be applied. 

The amount offered on the platform is limited to 49.000 € which is in line with the regulatory limits.