€60,000
7.2%
36 months
B
lent to this project, means…
paid back in total
taxes not included
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Location
Bollène, France
Activity
Health care
Created in 2010 Selarl Du Dr Laurens operates in the dental practice sector. The company, located in Bollene, has 3 employees. Since 2015, it has been managed by Bruno Laurens.
The company requests 60 000 € over 36 months, with 9 months deferred period (see details below) to finance the purchase of equipment. 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. The amount offered on the platform is limited to 29 400 € which is in line with the regulatory limits. October has already supported the Group with 2 projects of which 1 is still in repayment. Current outstanding is 60 000 € under regular repayment.