FRG (Regional Guarantee Fund) — Occitanie — ESS Loan Component
Purpose: Using an enhanced guarantee to finance, as a priority, intangible costs and the increase in working capital linked to developing the activity or carrying out a tangible or intangible investment programme. Beneficiaries mentioned in the catalogue: SMEs and very small businesses in the social and solidarity economy, whatever their legal form and sector; created more than 3 years ago; operating in Occitanie/Pyrénées-Méditerranée; producing annual accounts (balance sheet and income statement). The funding arrangements and selection criteria must be compared with the applicable official version.
The “FRG (Regional Guarantee Fund) – Occitanie – Loan strand for the social and solidarity economy” fiche is listed as territorial aid. The catalogue describes its purpose as follows: Using an enhanced guarantee to finance, as a priority, intangible costs and the increase in working capital linked to developing the activity or carrying out a tangible or intangible investment programme. The title alone does not establish eligibility: identify the applicable action sheet and confirm the eligible costs, selection criteria, state aid regime and whether the procedure is actually open.
Funded by Région Occitanie
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Who can apply
Beneficiaries indicated in the catalogue: SMEs and very small businesses in the social and solidarity economy, whatever their legal form and sector; created more than 3 years ago; operating in Occitanie/Pyrénées-Méditerranée; producing annual accounts (balance sheet and income statement). Check the legal form, size, activity, area, technical and financial capacity and the exclusions set out in the official rules.
Eligibility conditions
Conditions available in the catalogue: the PESS must be matched one-for-one by external funding: bank loans (minimum term of 3 years) taken out less than 6 months ago; or equity or quasi-equity contributions from individuals, including funds raised through crowdfunding operators, and from venture capital companies. They are not enough to confirm eligibility. Check the action sheet or rules in force, exclusions, combination rules, selection criteria and any obligation to apply before committing.
What the scheme covers
Operations or costs mentioned: tangible and intangible investment programme. Check eligible costs, indirect costs, supporting documents, any minimum thresholds and exclusions before committing to the project.
Amount and funding terms
The catalogue indicates: Amount of guaranteed loans (PESS): minimum €50,000; maximum €100,000; within a risk exposure limit of €67,000. Term/repayment: 5 years; 12-month capital repayment deferral, monthly instalments in arrears with straight-line capital repayment. Pricing: fixed rate according to the scale in force. Arrangement fee: 0.40% of the PESS amount. Security: no collateral or personal guarantee. Guarantee share and fee: the overall guarantee share applied to the outstanding capital of the loan is up to 80%. This catalogue information is neither a promise of award nor confirmation of the applicable rate; check the public aid rate, the European share, caps, eligible costs and combination rules.
How to apply
1) Identify the managing authority or financial partner. 2) Obtain the action sheet/rules in force. 3) Check the beneficiary, the project, eligible costs, the rate/cap, combination rules and the timetable. 4) Confirm the procedure and documents before any commitment. Ask the relevant authority for confirmation.
Timeline
No usable end date is recorded; confirm the timetable with the managing authority. Confirm the deadline, the status of the call and budget availability with the managing authority or financial partner.
Key facts
- Funder
- Région Occitanie
- Type of funding
- Guarantee
- Status
- Ongoing
- Maximum amount
- €100,000
- Automatically extracted — check the official source
- Minimum amount
- €50,000
- Automatically extracted — check the official source
- Geographic scope
- Occitanie
Frequently asked questions
What is the FRG (Regional Guarantee Fund) – Occitanie – Loan strand for the social and solidarity economy scheme for?
The catalogue describes the following objective: using an enhanced guarantee to finance, as a priority, intangible costs and the increase in working capital linked to developing the activity or carrying out a tangible or intangible investment programme. Check that the actual project falls within the scope of the applicable action sheet or financial product.
Who can benefit and what are the exclusions?
The catalogue mentions: SMEs and very small businesses in the social and solidarity economy, whatever their legal form and sector; created more than 3 years ago; operating in Occitanie/Pyrénées-Méditerranée; producing annual accounts (balance sheet and income statement). Eligibility also depends on the area, size and legal form, type of project and exclusions in the rules in force.
What amount or funding rate is provided?
Amount of guaranteed loans (PESS): minimum €50,000; maximum €100,000; within a risk exposure limit of €67,000. Term/repayment: 5 years; 12-month capital repayment deferral, monthly instalments in arrears with straight-line capital repayment. Pricing: fixed rate according to the scale in force. Arrangement fee: 0.40% of the PESS amount. Security: no collateral or personal guarantee. Guarantee share… Amounts and rates must be checked in the applicable action sheet or rules; distinguish European aid, total public aid and bank guarantees.
Is the scheme open and how do I apply?
No usable end date is recorded; confirm the timetable with the managing authority. Confirm the procedure, documents and timetable with the relevant authority before treating the scheme as open.
Official source
No official URL is available in our data for this grant.
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