PASS Investment for Tourism Businesses — Takeover (ORATEL)
The aid targets sale/takeover operations for hotels and campsites. The seller must have carried out an ORATEL diagnosis; the buyer must maintain the business and staffing until the last repayment instalment and join the ANCV. The cost base taken into account may not exceed the estimate from the seller’s diagnosis by more than 10%. The catalogue caps are €50,000 for a zero-rate loan (cost base capped at €250,000) or €80,000 for a subsidised-rate loan (cost base capped at €400,000).
Are you planning to take over a hotel or campsite in Brittany? The ORATEL strand of PASS Investissement Tourism businesses helps fund the takeover of a business, company shares and, in some cases, the premises or operating equipment. The catalogue fiche provides two options: a zero-rate loan of up to €50,000 or a subsidised-rate loan of up to €80,000, repayable over seven years with a two-year deferral.
Funded by Région Bretagne
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Who can apply
Professionals taking over a hotel or campsite in Brittany, within the categories and operating structures allowed by the rules. For campsites, the rules distinguish private and public structures and the eligible takeover arrangements.
Eligibility conditions
A prior ORATEL diagnosis by the seller is required. The beneficiary must keep the establishment operating until the last repayment instalment, maintain staffing and join the National Agency for Holiday Vouchers (ANCV). The cost base taken into account may not exceed the seller’s diagnosis estimate by more than 10%. Confirm the application procedure and current conditions with the Region before signing the takeover.
What the scheme covers
Hotels: takeover of the business or company shares, and possibly the commercial premises or shares. Campsites: takeover of the business or company shares for private campsites; entry fee/leasehold rights and acquisition of the operating equipment for certain public campsites.
Amount and funding terms
Option 1: zero-rate loan of up to €50,000, calculated on a maximum cost base of €250,000. Option 2: subsidised-rate loan of up to €80,000, on a maximum cost base of €400,000. Announced term: seven years, with a two-year repayment deferral. Check with the Region that these parameters still apply on the date of the takeover.
How to apply
1. Have the seller’s ORATEL diagnosis carried out. 2. Prepare the takeover plan, the sale price and the list of assets concerned. 3. Contact the Region before finalising the financing to choose between the zero-rate loan and the subsidised loan. 4. Submit the letter of intent and the application requested. 5. Include the instalments after the deferral and the commitments to maintain activity in the forecast.
Timeline
No explicit closing date is given in the catalogue data for this strand. Confirm that the scheme is open and the rules in force with the Brittany Region before committing to the takeover.
Key facts
- Funder
- Région Bretagne
- Type of funding
- Loan
- Status
- Ongoing
- Maximum amount
- €80,000
- Automatically extracted — check the official source
- Geographic scope
- Bretagne
Frequently asked questions
What amount can I obtain for a takeover?
Up to €50,000 as a zero-rate loan or €80,000 as a subsidised-rate loan, depending on the option chosen.
Is the ORATEL diagnosis mandatory?
The catalogue states that an ORATEL diagnosis by the seller must be carried out beforehand.
What is the repayment term?
Seven years, with a two-year repayment deferral according to the scheme fiche.
Official source
No official URL is available in our data for this grant.
Other grants of type “loan”
Other grants from Région Bretagne
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Ecological transition and CSR
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Support and acceleration
Diagnostics and audits
Takeover and transfer
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