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DLU

presented by October France

€75,000

7.1%

60 months

B

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location

Location

Saint-Clément-de-Rivière, France

activity

Activity

Restaurants and catering services

Presentation of the company

Created in 2011, DLU is active in the hotels and similar accommodation sector. The company, based in Saint-Clement-De-Riviere, has 12 employees. Since 2020 it is managed by Cyrille Kauffmann.

Project description

The company requests 75 000 € over 60 months, with 9 months deferred period to finance renovation work. 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. The amount offered on the platform is limited to 36 740 € which is in line with the regulatory limits.