Nuxweb

Presentation of the company

Founded in 2019, Nuxweb is active in the field Computer sales and maintenance. The company is located in Hanches and has 1 employee. Since 2019, it is managed by Damien Baron.

Project description

The company wishes to borrow 15,000 € to ensure its continuity following the impact of the crisis COVID-19 on its activity. This company is experiencing a decline in revenue due to the economic impact of COVID-19. To ensure its continuity, the company needs liquidity. The credit can be used, for example, to invest in new sales channels or to continue paying fixed costs until the business resumes. The French government supports this company with a state guarantee. 90% of the principle is guaranteed. 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 a 2% interest and principal payment at the end of the loan. After 12 months, the borrower can (partially) repay the loan. If (part of) the loan is not repaid, 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. The project will be completed within the next few months. This project description is based on data provided by the company.