presented by October France
lent to this project, means…
paid back in total
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Warning Lending money to SMEs presents a risk of capital loss and requires your savings to be immobilised.
Created in 2017, Tf Autos is active in the car mechanics sector. The company is based in Lyon. From 2017, it is managed by Foudhil Tabtoub.
The company requests €15790 to ensuring business continuity following the covid-19 crisis. 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 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.