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Promotion L et H

presented by October France



12 months


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Rillieux-la-Pape, France



Information & Communication

Presentation of the company

Created in 1976, Promotion L et H is active in the advertising sector. The company, located in Rillieux-La-Pape, has 11 employees. Since 2016, it has been managed by Michel Tilloy.

Project description

The company request €250.000 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 122 500 € which is in line with the regulatory limits.