Or Formation Services

Presentation of the company

Founded in 1996, Or Formation Services is active in the professional training sector.

The company, located in Paris, has 6 employees. Since 2021, it is managed by Esther Zerbib.

Project description

The company request €160.000 to ensure its continuity following the impact of the COVID-19 crisis on its activity. 

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 4.91% will then be applied.

The amount offered on the platform is limited to 78.400€ which is in line with the regulatory limits.