Honour loanOngoing
Bpifrance, Collectivité Territoriale de Corse, Financeurs privés, Union européenne logo

Prêt d’honneur Corse Active pour l’Initiative (honour loan, Corsica)

The catalogue mentions an honour loan of up to €30,000, with no guarantee or personal surety, repayable over five years with a possible deferral, and death and disability insurance required. The beneficiaries cited are business creators, buyers and managers. The amount and conditions depend on the project and must be confirmed with Corse Active pour l’Initiative.

A business creator or buyer in Corsica may need to strengthen their personal contribution to obtain bank financing and get started in good conditions. Corse Active pour l’Initiative is listed as an organisation supporting business and job creation, affiliated to the Initiative France and France Active networks. The honour loan must be distinguished from the other guarantee and support tools offered by the organisation.

Funded by Bpifrance, Collectivité Territoriale de Corse, Financeurs privés, Union européenne

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Who can apply

The scheme targets business creators and buyers as well as certain managers. Eligibility depends on the area, the project stage, economic viability and the criteria of the programme used. Ask whether the honour loan in the catalogue matches your profile or whether another Corse Active tool is more suitable.

Eligibility conditions

The application must present a viable project, a financing plan and repayment capacity compatible with the instalments. The detailed criteria and any co-financing requirements are not set out in the catalogue alone. Ask for the rules, documents to be provided and insurance conditions before applying.

What the scheme covers

The honour loan aims to support business creation and takeover and contribute to Corsica’s economic and social development. It strengthens the personal contribution and can make it easier to access other financing. The precise costs depend on the project and the association’s review.

Amount and funding terms

Catalogue amount: up to €30,000, repayable over five years with a possible deferral. The catalogue indicates no guarantee or personal surety, and death and disability insurance is required. Confirm the cap, deferral, insurance and current repayment terms with the association.

How to apply

Contact Corse Active pour l’Initiative and present the project stage, area, budget, available contribution and the bank financing sought. Prepare the business plan, forecasts, quotes and, for a takeover, the target company’s accounts. Have the appropriate tool and application procedure confirmed.

Timeline

The catalogue does not confirm the current timetable. Contact Corse Active pour l’Initiative for conditions and committee dates.

Key facts

Funder
Bpifrance, Collectivité Territoriale de Corse, Financeurs privés, Union européenne
Type of funding
Honour loan
Status
Ongoing
Maximum amount
€30,000
Automatically extracted — check the official source
Geographic scope
Not specified

Frequently asked questions

Who is this aid for?

The scheme targets business creators and buyers as well as certain managers. Eligibility depends on the area, the project stage, economic viability and the criteria of the programme used. Ask whether the honour loan in the catalogue matches your profile or whether another Corse Active tool is more suitable.

What amount or rate can be obtained?

Catalogue amount: up to €30,000, repayable over five years with a possible deferral. The catalogue indicates no guarantee or personal surety, and death and disability insurance is required. Confirm the cap, deferral, insurance and current repayment terms with the association.

Which conditions should I check?

The application must present a viable project, a financing plan and repayment capacity compatible with the instalments. The detailed criteria and any co-financing requirements are not set out in the catalogue alone. Ask for the rules, documents to be provided and insurance conditions before applying.

Which costs or operations are covered?

The honour loan aims to support business creation and takeover and contribute to Corsica’s economic and social development. It strengthens the personal contribution and can make it easier to access other financing. The precise costs depend on the project and the association’s review.

Official source

No official URL is available in our data for this grant.

Other grants of type “honour loan”

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