€200,000
9.4%
60 months
C
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Location
La Courneuve, France
Activity
Commerce
Presentation of the company
Founded in 2015 Green Pal Sarl is active in the wholesale of wood, building materials and sanitary equipment. The company, located in La Courneuve, has 13 employees. Since 2019, it has been managed by César Abdelaziz.
Project description
The company requests 200 000 € over 60 months, with 9 months deferred period to finance recruitment. 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 98 000 € which is in line with the regulatory limits.