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Garage Hibon

presented by October France

€55,000

7.5%

48 months

B

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location

Location

Hersin-Coupigny, France

activity

Activity

Commerce

Presentation of the company

Created in 2020 Garage Hibon is active in the sale of cars and light vehicles. The company, located in Hersin Coupigny, has 8 employees. Since 2020, it has been managed by Christophe Hibon.

Project description

The company requests 55 000 € over 48 months, with 9 months deferred period (see details below) to support its cash flow. 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 26 940 € which is in line with the regulatory limits.