€94,000
8.8%
60 months
B
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Location
Levallois-Perret, France
Activity
Business services
Presentation of the company
Created in 2010 S.O.S Moteur is active in the machine repair sector. The company, located in Levallois-Perret, has 7 employees. Since 2010, it is managed by Lydie Bonafous.
Project description
The company requests 94000 € over 60 months to finance the refurbishment of the premises. 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. The French public investment bank (Bpifrance) provides a guarantee to this company: the principal is guaranteed up to 60% as part of their program to support SMEs business development projects. 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.
October has already supported the company with 2 projects of which 2 are still in repayment. Current outstanding is 105 839€ under regular repayment.