Freely Usable Credit for the Beneficiary - A European Government-Backed Facility Grant
••••• organisation
An organisation based in France
In context
This call is open to startups, small and medium-sized businesses and large companies. Coverage is read from the notice itself: France.
This is a French government-backed credit facility administered by a French development bank that provides freely usable financing to eligible enterprises for innovation and growth. The scheme targets SMEs and businesses across sectors seeking flexible, non-dilutive capital for strategic initiatives.
About this grant
CLUB (Crédit Librement Utilisable par le Bénéficiaire) is a medium-term credit facility offered by the funder designed to finance development projects with seasonal financing needs. The product provides companies with a revolving credit reserve in the form of a freely usable credit line up to an authorized amount. Funds can be drawn flexibly within the authorized limit and are repaid according to a contractually determined amortization schedule (quarterly, semi-annual, or annual). Monthly amortization is not recommended. …
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Frequently asked questions
- How much funding does this grant offer?
- Freely Usable Credit for the Beneficiary - A European Government-Backed Facility offers $330K.
- Who can apply for Freely Usable Credit for the Beneficiary - A European Government-Backed Facility?
- Eligibility covers organisations in FR; startup, sme, large-company. The full eligibility conditions are part of the Pro detail.
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