Réunion Recovery Loan
The catalogue entry mentions a loan of €20,000 to €300,000, over 5 or 7 years with a capital deferral. It sets different limits depending on whether the loan is below or above €50,000, and requires matching financing. The financing targets working capital linked to development and certain tangible or intangible investments with little collateral value.
A growing company in Réunion may need to strengthen its cash position or finance investment before the project generates revenue. The Prêt Relance Réunion is listed in the catalogue as financing for micro-businesses and SMEs more than three years old. The caps and terms below come from the catalogue entry: their validity must be confirmed with the operator before applying.
Funded by Bpifrance, Région Réunion
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Who can apply
The catalogue entry targets micro-businesses and SMEs created more than three years ago. Financial situation, establishment in Réunion and any exclusions must be checked against the current rules. Do not infer eligibility from headcount or revenue alone.
Eligibility conditions
The catalogue provides for matching financing on a 1-to-1 basis. For loans below €50,000, it mentions an outstanding bank loan of at least three years and of an amount at least equal to half the loan. For larger amounts, it requires equivalent co-financing for the same recent programme, in the form of credit, contributions or quasi-equity. These rules must be confirmed before structuring the financing.
What the scheme covers
The operations mentioned concern strengthening the financial structure, working capital needs generated by a development programme, and tangible investments with little collateral value or intangible investments. The exact list of costs, exclusions and eligible completion dates must be validated in the current rules.
Amount and funding terms
Catalogue parameters: €20,000 to €300,000. For loans below €50,000, the catalogue indicates a cap linked to 25% of reference revenue; above €50,000, the loan is capped at equity and quasi-equity. The term is 5 years with a one-year deferral, or 7 years with a two-year deferral. Confirm these calculations, the reference period, the rate and current conditions with the funder.
How to apply
Contact the operator of the Prêt Relance Réunion before finalising your financing plan. Prepare the accounts, reference revenue, investment programme, cash needs and proof of co-financing. Have the applicable amount band and the cap calculation rules confirmed.
Timeline
The catalogue entry does not confirm that the scheme is currently open. Check availability, the remaining budget and the application procedure with the funder before relying on it.
Key facts
- Funder
- Bpifrance, Région Réunion
- Type of funding
- Loan
- Status
- Ongoing
- Maximum amount
- €300,000
- Automatically extracted — check the official source
- Minimum amount
- €20,000
- Automatically extracted — check the official source
- Geographic scope
- La Réunion
Frequently asked questions
Who is this scheme for?
The catalogue entry targets micro-businesses and SMEs created more than three years ago. Financial situation, establishment in Réunion and any exclusions must be checked against the current rules. Do not infer eligibility from headcount or revenue alone.
What amount or rate can be obtained?
Catalogue parameters: €20,000 to €300,000. For loans below €50,000, the catalogue indicates a cap linked to 25% of reference revenue; above €50,000, the loan is capped at equity and quasi-equity. The term is 5 years with a one-year deferral, or 7 years with a two-year deferral. Confirm these calculations, the reference period, the rate and current conditions with the funder.
Which conditions should I check?
The catalogue provides for matching financing on a 1-to-1 basis. For loans below €50,000, it mentions an outstanding bank loan of at least three years and of an amount at least equal to half the loan. For larger amounts, it requires equivalent co-financing for the same recent programme, in the form of credit, contributions or quasi-equity. These rules must be confirmed before structuring the financing.
Which costs or operations are covered?
The operations mentioned concern strengthening the financial structure, working capital needs generated by a development programme, and tangible investments with little collateral value or intangible investments. The exact list of costs, exclusions and eligible completion dates must be validated in the current rules.
Official source
No official URL is available in our data for this grant.
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