Ouistitizz

Presentation of the company

Created in 2018, Ouistitizzz is active in the field of business and other management consultancy activities. The company is located in Châtillon and has 1 employee. Since 2020, it is managed by Aurélie Valence.

Project description

The company requests 15000 € to ensure the continuity following the impact of the COVID-19 crisis on its activity. This company is experiencing a decrease in income as a result of COVID-19’s economic impact. To ensure it’s continuity, the company needs liquidity. The credit can be used, for example, to invest in new business channels or to keep paying fixed costs until business activities pick up again. 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.