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Sauerbrei Logistics France #2

presented by October France

€160,000

6.4%

24 months

B

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location

Location

Saint-Thibault-des-Vignes, France

activity

Activity

Transport

Presentation of the company

Created in 1989 Sauerbrei Logistics France is active in the warehousing and storage sector. The company, located in Saint-Thibault-Des-Vignes, has 20 employees. Since 1997, it has been managed by Philippe Sauerbrei.

Project description

The company requests 160000 € over 24 months to strengthen its cash flow. 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 50% as part of their program to support SMEs liquidity needs. 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.