€200,000
5.3%
48 months
B
lent to this project, means…
paid back in total
taxes not included
Create your accountWarning Lending money to SMEs presents a risk of capital loss and requires your savings to be immobilised.
Location
Paris, France
Activity
Commerce
Created in 2003 Elixirs & Co is a French company active in the wellness sector. The company, located in Paris, currently has 10 employees. Since 2012, it is managed by Gerard Wolf.
The company requests 200 000 € over 48 months to finance the recruitment of sales staff to strengthen its sales team within the framework of a distribution contract signed with Biocoop . 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.