Participatory loans: banks ready to launch the device

The quasi-equity system intended to strengthen the balance sheets of companies weakened by the crisis is slow to emerge. To accelerate, the banks are ready to start without waiting for all the stakeholders, to set up this plan to 20 billion euros.

The amount of funds targeted by Bercy is around 20 billion euros, on which the state guarantee can apply up to 35%.

Banks continue to go to the bedside of companies in difficulty, while the health crisis dragged on. Tuesday, the Minister of Economy and Finance Bruno Le Maire reiterated his wish to see them granted to all VSEs and SMEs who request a postponement of one year the first repayments of loans guaranteed by the State (PGE) .

These loans granted en masse by banks since March 2020, for a total amount of 130 billion euros, must normally be repaid after one year, with a spreading of maturities over a maximum of five years. According to our information, the French Banking Federation would be rather favorable, while several establishments already offer it to their customers.

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