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Société Baer SARL

presented by October France

€200,000

9.3%

60 months

C

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location

Location

Villejuif, France

activity

Activity

Restaurants and catering services

Presentation of the company

Created in 2017 Société Baer SARL is active in the restaurants and mobile food service activities sector. The company, based in Villejuif, has 17 employees. Since 2017 it is managed by Ramy Bouabid.

Project description

The company requests 200 000 € over 60 months, with 9 months deferred period to finance recruitment, a marketing campaign, and kitchen equipment following the restaurant’s move 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 98 000 € which is in line with the regulatory limits.