BA+
The Business Angel+ loan is intended for entrepreneurs whose company is in a launch phase, or which has reached a stage of strategic development for the future of the business, and which does not have access to traditional bank credit because of the innovative or technological nature of the project, but which on the other hand enjoy the financial support of one or more Business Angels
Characteristics
- Interesting and fixed interest rate
- Period of 5, 7 or 10 years
- 1 to 3 years of capital repayment grace
- A minimum of guarantees required
- Maximum €125,000, by means of a contribution from the Business Angel(s) and the creator/entrepreneur(s) higher than or equal to the Participation Fund’s loan
- The Business Angel+ loan benefits from a guarantee issued under the European Community's Competitiveness and Innovation Framework Programme
In Collaboration With The Business Angels Networks
The Participation Fund has signed a co-operation agreement with the Business Angels networks. The projects are preselected by the Business Angel network, which proposes them to potentially interested Business Angels. The Participation Fund gets involved when the “matching” is nearing a conclusion..