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IP-Formation

presented by October France

€310,000

4.5%

36 months

B+

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location

Location

Paris, France

activity

Activity

Education

Presentation of the company

Created in 1998, IP-Formation is active in the education sector under the name IPSSI. The company, managed by Charif Hachem, has 25 employees and is based in Paris 12. The company has a physical presence in Paris, Marne-la-Vallée, Saint-Quentin-en-Yvelines, Brest and Nice.

The company’s delivering higher education diploma in IT.

The company welcome 700 students per year and works with more than 70 teachers and hundred partner companies.

Project Description

The company requests 310 000 € with a 3 months deferred payments to finance the finishing works on the first floor of the building in Paris to welcome more students from september. This project will be realised next month.

This 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 151 900€, which is in line with the regulatory limits.