€50,000
6.7%
36 months
B
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Location
Saint-Tropez, France
Activity
Commerce
Presentation of the company
Created in 2002, Mer et Cashmere is active in the retail sale of textiles in specialised stores sector. The company, based in Saint-Tropez, has 3 employees. Since 2016 it is managed by Charles Rambaud.
Project description
The company requests 50 000 € over 36 months, with 9 months deferred period to finance liquidity need. This project is an Instant Project. The French public investment bank (Bpifrance) provides a guarantee to this company: the principal is guaranteed up to 50% as part of their program to support SMEs liquidity needs. 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. The amount offered on the platform is limited to 24 500 € which is in line with the regulatory limits.