Hu Horlogerie #6

Presentation of the company

Created in 2014 Hu Horlogerie is active in the retail sale of watches and jewellery in specialised stores  sector. The company, based in Paris, has 5 employees. Since 2014 it is managed by Hu Lionel Lunan who has 8 years of experience in the industry.

Project description

The company requests 800 000 € over 24 months to finance the purchase of raw materials and launch of production for the upcoming collection of its new made in France jewelry brand. This project will be realised this semester. The amount offered on the platform is limited to 392 000 € which is in line with the regulatory limits. 

Crédit.fr, acquired by October, and October have already supported the borrowing company with a total of 6 projects, of which 2 are still being repaid. The remaining capital due is €334,437 according to the amortisation tables.