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Twin – Berg

presented by October France

€200,000

9.3%

36 months

C

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location

Location

Vourles, France

activity

Activity

Commerce

Presentation of the company

Founded in 2007, Twin-Berg operates in the sportswear sector. The company, based in Vourles, has 5 employees.

Since 2016, it has been managed by Henning Berg.

Project description

The company requests 200 000 € over 36 months, with 9 months deferred period to strengthen its cash position. This project is an Instant Project. The French public investment bank (Bpifrance) provides a guarantee to this company: the principal is guaranteed up to 50% as part of their program to support SMEs liquidity needs. 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.