< all projects

Terre d’Opale #2

presented by October France



12 months


If I had lent to this project?

lent to this project, means…

paid back in total

taxes not included

Create your account

Warning Lending money to SMEs presents a risk of capital loss and requires your savings to be immobilised.



Le Rheu, France




Presentation of the company

Created in 2012, Terre d’Opale is active in the travel agency activities sector. The company, based in Le Rheu, has 1 employee.

From 2012, it is managed by Nicolas Garry.

Project description

The Company requests 58.000 € over 12 months, to ensure the continuity following the impact of the COVID-19 crisis on its activity.

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.

The French government supports this company with a State Guarantee. 90% of the principle is secured. If the company cannot repay the loan, the state will partially repay lenders on behalf of the company. Thereby, the government makes it safer for lenders to lend.

This state guaranteed loan is initially a 12 month differed loan with payment of 2% interests and capital at the end of the loan. After 12 months the borrower can (partially) repay the loan. If (part of) the loan is not repaid, the borrower will repay the loan over a period from 1 to 5 years. A new interest rate of 4.91% will then be applied. This project will be realised in the next few months.

The amount offered on the platform is limited to 28.420 € which is in line with the regulatory limits.