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Lo Forte

presented by October France

€200,000

7%

48 months

B

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location

Location

Lagny-sur-Marne, France

activity

Activity

Building & public Works

Presentation of the company

Created in 2010 Lo Forte is active in the sector of floor and wall covering. The company, located in Lagny-Sur-Marne, has 21 employees. Since 2015, it has been managed by Yannis Lo Forte.

Project description

The company requests 200000 € over 48 months to strengthen its cash flow and finance hiring and the deployment of the company’s IT deployment. This project will be realised in the coming months and the project description is based on the company’s input. 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.