€20,000
2%
12 months
C-
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Location
Arthel, France
Activity
Information & Communication
Presentation of the company
MedAnimal was established in 2019 and is active in the field of animal medicine. The company is located in Arthel. Since 2019, it has been managed by Julien Tripet.
Project description
The company request €20.000 to ensure its continuity following the impact of the COVID-19 crisis on its activity. 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 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 5.41% will then be applied.