€250,000
2%
12 months
B
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Location
Mérignac, France
Activity
Information & Communication
Presentation of the company
Created in 2003, ID Soft is active in the software publishing sector.
The company, managed by Pierre Verger has 10 employees and is based in Mérignac.
Project Description
The company request €250.000 to ensure its continuity following the impact of the COVID-19 crisis on its activity.
This project is an Instant Project and the French State supports this company with a guarantee: the principal is guaranteed up to 90%. If the company cannot repay the loan, the State will partially reimburse the lenders on behalf of the company. This State-guaranteed loan is initially a 12-month deferred loan with payment of interest (2%) and principal at the end of the loan. After 12 months, the borrower can (partially) repay the loan. Otherwise, the borrower will repay the loan over a period of 1 to 5 years. A new interest rate of 4,46 % will then be applied.
The amount offered on the platform is limited to 122.500€, which is in line with the regulatory limits.