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The revitalization loan, a recruitment aid in SMEs

2022-09-05T15:47:29.935Z


The device finances the creation of jobs in territories which have undergone major redundancy plans. A little-known device, the revitalization loan provides a boost to entrepreneurs who need to recruit to develop their structure. SMEs (or associations that meet the criteria of the European SME) can thus be allocated by the banks a financing of a minimum amount of 15,000 euros per permanent job created, with a ceiling of 300,000 euros per project. This revitalization loan, at zero interest and wit


A little-known device, the revitalization loan provides a boost to entrepreneurs who need to recruit to develop their structure.

SMEs (or associations that meet the criteria of the European SME) can thus be allocated by the banks a financing of a minimum amount of 15,000 euros per permanent job created, with a ceiling of 300,000 euros per project.

This revitalization loan, at zero interest and without application fees, does not require any guarantee.

It is repayable over a maximum period of five years and can be combined with other funding requested from private or public bodies.

To be eligible, companies must commit to creating at least three jobs on permanent contracts in two years, or to transform three fixed-term contracts into permanent contracts in the same period of time.

Another imperative, they must be located in a sector that has been the subject of a revitalization agreement when an establishment of 1000 employees (or the subsidiary of a large group) has proceeded…

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Source: lefigaro

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