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lent to this project, means…
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Warning Lending money to SMEs presents a risk of capital loss and requires your savings to be immobilised.
Created in 2020 Evashair is active in the cosmetics and toiletries retail sector. The company, located in Saint-Cloud, has 4 employees. Since 2019, it has been managed by Eva Biassou.
The company requests 75 000 € over 36 months, with 9 months deferred period to strengthen its cash position. 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. The amount offered on the platform is limited to 36 740 € which is in line with the regulatory limits. October has already supported the Group with 1 project is still in repayment. Current outstanding is 73 888 € under regular repayment.