€100,000
2%
12 months
C
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Location
Montreuil, France
Activity
Commerce
Presentation of the company
Created in 2015 Caramel & Cie is active in the field of design, clothing and accessories. The company, located in Montreuil, has 6 employees. Since 2015, it is managed by Rafbet Garcia Besson.
Project description
The Company requests 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 5,36% will then be applied.
The amount offered on the platform is limited to 49 000 € which is in line with the regulatory limits.