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Safety Pose

presented by October France

€30,000

2%

12 months

C-

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location

Location

Paris, France

activity

Activity

Business services

Presentation of the company

Created in 2019, Safety Pose is active in the Installation of industrial machinery and equipment sector. The company based in Paris has 1 employees. Since 2019, it is managed by Ledouit Marie-France.

Project description

The company requests € 30,000 to cope with the crisis as well as the creation of jobs for business development. 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 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.