Money and business

Emergency loans to French companies affected by rising fuel prices

France launched an emergency loan program to help small and medium-sized companies affected by rising fuel prices due to the situation in the Middle East.

The French Ministry of Economy stated that companies operating in the transportation, agriculture, and fisheries sectors will be eligible to obtain quick fuel loans worth up to 50,000 euros, indicating that the Public Investment Bank (BBI France) will provide loans that will be disbursed within seven days after submitting the application, with the interest rate reaching 3.8% for a repayment period of up to three years.

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