In order to alleviate the cash flow difficulties of companies the activity of which is impacted by the Coronavirus epidemic, Bpifrance is setting new measures aimed at VSEs, SMEs and ETIs. They can get information via toll-free number 0 969 370 240 and the Bpifrance website.
Détails of emergency measures for companies affected by the Coronavirus epidemic:
Raising the level of the Bpifrance guarantee to 90%, in partnership with the banks and the Regions:
for loans of 3 to 7 years granted by private banks;
for overdrafts confirmed for a period of 12 to 18 months by the company's bank;
extension of the Bpifrance guarantee to medium-sized companies (ETI).
Direct support from Bpifrance to corporate treasury:
from 16 March, suspension of the payment of loan installments granted by Bpifrance ;
mobilisation of all invoices, with a cash credit representing 30% of the amounts mobilised ;
3 to 5 years unsecured loans, from €10,000 to several tens of millions of euros. These loans benefit from a deferred principal repayment.
Find the details and settings of these measures via the dedicated toll-free number 0 969 370 240 and http://www.bpifrance.fr/ (in French)
Access the press release (in French)
Read the article on Bpifrance's first exceptional measures in favour of companies affected by the coronavirus