How can a company finance its growth with an honour loan in Val-d’Oise or Yvelines?

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When a company needs to hire, invest, launch a new offer, or accelerate its sales efforts, it may need to strengthen its financing plan. Before putting together the application, it is necessary to confirm with Initiactive 95-78 that the scheme is still open and that the stated criteria are still in effect.

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The reference database links this grant to the CCI Paris Région Île-de-France, but designates Initiactive 95-78 as the operational point of contact. The CCI can direct companies toward financing schemes and help them identify the right levers. Initiactive 95-78’s official page presents its support services for financing and business creation.

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Enable the company to grow, diversify, or modernize its activity or organization.

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Operations enabling the company to grow, diversify, or modernize its activity or organization: - business development and the conquest of new markets, - acquisition of new equipment, - launch of new products, - hiring staff, - increase in working capital requirements due to growth, - etc.

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• The business owner must create at least one job within 12 months of the date the growth loan is requested and must intend to create further jobs over time; - The company must be up to date with its tax and social security obligations; - The entrepreneur must present a genuine development project: growth in revenue and/or job creation; - The company must provide: * its last 2 balance sheets + tax returns (forms 2050 to 2058) + income statements + appendices, * a sworn statement of headcount as of the application date, * a K-bis extract (less than 3 months old), - The share capital must not have decreased by more than 50% over the past 24 months and must meet legal requirements. - Shareholders’ equity must be positive. - The company must not be subject to insolvency proceedings.

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Personal loan, - at a 0% interest rate, - with no guarantee required on personal assets, - for a maximum amount of €75,000, - repayable over 24 to 59 months, with a possible deferral of up to 6 months, - counter-guaranteed by Bpifrance, - combined with an additional bank loan at least equal to the amount of the honour loan.

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Heads of micro-businesses or SMEs that are not subsidiaries of a large company, based in Val-d’Oise or Yvelines and established for 3 to 7 years, whether or not they have already received an honour loan. Excluded: - regulated professions governed by a professional body, - agricultural activities, - non-sedentary activities.

Step 1

Describe the growth project: new markets, business development, equipment, new product, hiring, or working capital needs linked to growth.

Step 2

Prepare recent accounts and financial documents, a forecast, a financing plan, and evidence demonstrating repayment capacity.

Step 3

Contact Initiactive 95-78 to confirm that the loan exists, the territory it covers, the seniority and job-creation criteria, the documents required, and the review timeline.

Step 4

Check whether the loan must mandatorily be combined with bank financing, and obtain the applicable rules in writing before making commitments or starting any spending.

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The maximum amount of €75,000, the 24-to-59-month repayment period, the possible deferral, and the zero interest rate come from the internal reference database and have not been fully corroborated by a current official source. Do not present them as guaranteed conditions without written confirmation. The honour loan does not constitute a grant and involves repayment.

Is the scheme currently open?

The current availability of the Croissance loan could not be confirmed from the official pages consulted. Request direct confirmation from Initiactive 95-78.

Who may be concerned?

The reference database targets heads of micro-businesses/SMEs based in Val-d’Oise or Yvelines and established for several years, subject to specific criteria. The territory, the seniority requirement, and the exclusions must be validated by the operator.

Is the loan a grant?

No, according to the reference sheet: it is a repayable personal loan, stated to be interest-free. The exact terms must be confirmed.

What documents should be prepared?

Prepare the latest balance sheets and accounts, a recent Kbis extract, headcount figures, a development plan, and a cash-flow forecast. The definitive list is the one provided by the operator.

Official sources

• Initiactive 95-78 official website — Initiactive 95-78
• Support in finding financing — CCI Paris Île-de-France
• Overview of business grants — CCI Paris Île-de-France
• Finding financing for your business — CCI Paris Île-de-France