Entrepreneurship in France | What financing options are available for starting a business in France?

Financing is a crucial part of the French entrepreneurial journey. Different financing options are available for different projects and stages. To successfully develop your project, you may be looking for financing and Micco has selected the most supportive stakeholders for you. Here are some French financing options that may be of interest to you。

Entrepreneurship
Mar 18, 2024

Financing is a crucial part of the French entrepreneurial journey. Different financing options are available for different projects and stages. To successfully develop your project, you may be looking for financing and Micco has selected the most supportive stakeholders for you. Here are some French financing options that may be of interest to you。

Before diving into the different options, if you need a professional account to start your business, Micco is one of your choice.

Micco stands as an all-in-one financial platform tailored for business creators, facilitating a comprehensive array of services. These include streamlined procedures for company registration, professional bank account establishment, capital deposit management, and more.

Micco's commitment to empowering business creators extends to:

  • Effortless company registration processes
  • Seamless professional bank account setup
  • Convenient capital deposit management solutions
  • A suite of additional financial tools and resources catered to entrepreneurs

With Micco, business creators can access a one-stop solution designed to streamline their financial operations and support their growth endeavors effectively.

Finding Your Financing

To successfully carry out your project, you may be in search of financing, and we have selected the most supportive stakeholders.

  • Banks

As the primary source of credit in France, banks are essential for obtaining your financing. It's important to initiate several inquiries to compare the offers available.

  • France Angels

France Angels is a federation acting on behalf of Business Angels in France, these individual investors who contribute to the financing and creation of innovative companies.

More info: www.franceangels.org

  • France Active

A pioneer in social finance, France Active has been supporting and financing businesses for over 30 years. The association has a mission: "Accelerating the success of entrepreneurs by providing them with the means to engage."

More info: www.franceactive.org

  • Crowdfunding

Individuals or entities invest directly in a project through an internet platform.

For example : Helloasso

  • Participatory Loans

Long-term loans, especially distributed by banks, commercial companies, or the government.

  • Public Investment Bank (BPI France)

Dedicated to the development of French companies, its assistance is mainly financial, offering scholarships, cash advances, and bank guarantees.

More info: www.bpifrance.fr

  • Initiative France

An associative network that provides financing for creators and business buyers, notably through the granting of honor loans. Sponsorship is one of the essential components of the support provided to business creators and buyers by the Initiative France platforms.

More info: www.initiative-france.fr

  • ADIE

ADIE advises and finances the creation and development of small businesses through microcredit and honor loans, especially for individuals who do not have access to bank credit.

More info: www.adie.org

  • Solidarity Loans

Individuals or entities lend money at lower interest rates.

  • Professional Credit Broker

They will search for the best interest rate among various banking institutions. Ensure that they are not remunerated by the banks to be certain that they are working in your best interests.

Whatever the size of your project, France has a wide range of financing options to choose from. By carefully evaluating your needs and the characteristics of your project, and choosing the financing path that best suits you, you will be able to provide the financial support you need for your entrepreneurial dream.

When you decide to start a business, choosing a financing option that suits your needs is a crucial step. No matter what stage you are at, you may need professional support and guidance to ensure the success of your project. Micco can provide you with company incorporation as well as a dedicated bank account for your business, and Micco also offers business loans for small and medium-sized businesses to help you realize your dreams.