The participatory loan scheme is fixed

The precise device of the participatory loans provided for in the framework of the recovery plan would have already acquired the agreement of Brussels. The European Commission has extended the relaxation of the temporary state aid framework until the end of 2021. Equipped with a state guarantee of 33%, equity loans should offer maturities of 8 to 10 years to companies needing to strengthen their balance sheets while wanting to avoid shareholder dilution, according to information from The Agefi. The interest rate would reach 4% to 5%, including the cost of the guarantee, for companies with less than 2 million euros in turnover. For larger companies, rates would rise to 5% or 6%.

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