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Trajectoire Grand Public

presented by October France

€46,000

2%

12 months

C

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location

Location

Fontenay-le-Comte, France

activity

Activity

Education

Presentation of the company

Created in 2008, Trajectoire Grand Public is active in the sector of on-track motorbike driving courses.

The company, managed by Francis Quinet has 1 employee and is based in Fontenay-le-Comte.

Project Description

The company request €46.000 to ensure its continuity following the impact of the COVID-19 crisis on its activity.

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 4,91 % will then be applied.

The amount offered on the platform is limited to 22.540€, which is in line with the regulatory limits.