€65,000
8.4%
60 months
B
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Location
Bussy-Saint-Georges, France
Activity
Properties
Presentation of the company
Created in 2019 Fairy Tale Factory is active in the property management sector. Located in Bussy-Saint-Georges, the company has 3 employees. Since 2019, it has been managed by Kasra Seyed Vossoughi.
Project description
The company requests 65 000 € over 60 months, with 9 months deferred period to finance the creation of a launderette. 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 31 840 € which is in line with the regulatory limits.