Business loan system extended until end of 2023

Its extension aims to support societies weakened by the war launched by Russia against Ukraine.

MO12345lemonde with AFP

He had been launched in June 2020 to support companies against the Pandemic of Covid-19. A business loan device has been extended and extended until the end of 2023 by the government, according to A decree published Thursday December 22 in the Official Journal.

Initially intended for small and medium -sized enterprises, this aid which takes the form of a bonus loan loan also becomes accessible to large companies. Its extension aims to support companies weakened by the war launched by Russia against Ukraine “and not having found any financing solutions with their banking partner or private financiers”, it is specified in the notice of the decree .

a device already extended at the end of 2021

For the companies concerned, the amount of the loan is capped, ie “15 % of the average annual turnover achieved by the beneficiary during the last three accounting years”, ie “50 % of energy expenses during of the twelve months preceding the month of the request for help “.

Loans are distributed through the Bpifrance public bank. This business aid system had already been extended in December 2021.

/Media reports cited above.