Article R515-3 of the French Monetary and Financial Code
November 6, 2023
French joint stock companies, known as sociétés de développement régional, contribute to the financing of companies located in France in the form of equity holdings. These companies are authorised to grant loans of five years or more to companies, regardless of their legal form, under conditions set by the Minister for the Economy; they may also guarantee loans of two years or more taken out by these companies. They are…
