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Gilles Trignat Résidences #2

presented by October France

€1,550,000

7.15%

36 months

B

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location

Location

La Tronche, France

activity

Activity

Building & public Works

Presentation of the company

Created in 1994, Gilles Trignat Résidences active in the Development of building projects  sector and part of the Groupe Trignat group. 

The company, managed by Gilles Trignat has 10 employees and is based in Meylan.

The group’s main activity is the development of real estate programs.

Project Description

The company requests 1 550 000 € to finance marketing investments, a new website, business development in a new region and research on real estates opportunities. This project will be realised this quarter. This project is accompanied by a second €500000 EMP financing requested by the company. The PGE has been taken into account in the analysis.

As a reminder, the October lending community supported the group in 2019 with 2. 075m€ to finance a company acquisition.

The project was repaid entirely in 2020This project is a Flexible Bridge Loan, an amortizable loan with a standard commitment for the first 9 months and the possibility of early repayment at no cost for the remainder of the loan term, even in the event of refinancing by other financial institutions.

The amount offered on the platform is limited to 759.500€, which is in line with the regulatory limits.