Article L313-20 of the French Monetary and Financial Code
November 8, 2023
The amount of each equity loan granted by the State is made public each year.
The amount of each equity loan granted by the State is made public each year.
On the occasion of any financial assistance that it intends to grant to a sole trader for the purposes of his business, a credit institution or finance company intending to request a security interest in an asset not required for the business or a personal surety granted by a natural person must inform the entrepreneur in writing of the possibility of proposing a guarantee over the assets required for the…
Companies selected to contribute to the creation of activities or the development of jobs within the framework of an agreement signed with the State in application of articles L. 1233-84 to L. 1233-89 of the Labour Code as well as companies approved by the Minister for the Economy are authorised to grant partial guarantees to credit institutions or finance companies granting loans for business development projects located in employment areas…
Credit institutions or finance companies which have provided a surety, endorsement or guarantee, whether of legal, regulatory or contractual origin, have recourse ipso jure and in all cases against the customer who gave the undertaking, his co-obligors and the persons who have stood surety and, for payments made under their undertaking, subrogation in the rights of the creditor as provided for in article 1346 of the Civil Code.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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