67 articles in this category
The Bpifrance growth loan finances development projects, especially intangibles, with no guarantee or personal surety. Amounts, term, deferral, refusal criteria and how it combines with the bank loan.
The participatory loan is a subordinated debt recorded in account 1675 yet treated as quasi-equity: it strengthens your ratios without diluting capital. The Relance scheme, however, has been closed since the end of 2023. Comparison, worked case and watch points.
CIR, C3IV, French Tech Grant, BPI Innovation Loan, EIC Accelerator, France 2030, ADEME, FEDER: Hayot Expertise in Paris maps every public innovation funding scheme available in 2026 for startups, SMEs and industrial companies, with practical cases and cumulation rules.
Overdraft, revolving credit, Dailly assignment, factoring, reverse factoring, revenue-based financing, Bpifrance: a complete comparison of working capital financing solutions in France for 2026, with three practical cases and key pitfalls to avoid.
From love money to Series A: understanding the stages, French market median valuations for 2026, the term sheet clauses that truly matter, and the mistakes that cost founders cap table percentage.
LBO, mezzanine, unitranche, PIK Notes, covenant-lite: a complete anatomy of leveraged finance in France in 2026 — debt pyramid, coverage ratios, Article 212 bis CGI, worked example on a EUR 50m SME, key players and pitfalls. Analysis by Cabinet Hayot Expertise, Paris.
Bank loans, BPI France, venture capital, crowdfunding, mezzanine debt, honour loans, leasing, factoring: this overview compares the main financing sources available in France in 2026, their costs, eligibility criteria and the trade-offs to consider based on your business profile.
Complete guide to WACC calculation in France: formula, cost of equity via CAPM, beta Hamada, typical ranges by company profile (SME 8-13%, startup 15-25%), DCF application and common mistakes. Analysis by Cabinet Hayot Expertise, Paris.
The JEIR (Jeune Entreprise Innovante de Rupture) requires R&D spending of at least 30% of deductible expenses. Cumulative conditions, the 50% investor income tax reduction, employer contribution exemptions, the abolition of the corporate tax exemption, R&D tax credit stacking, and requalification risks explained by Hayot Expertise in Paris.
JEI innovative startup status, CIR 30% R&D tax credit on software development, CII innovation credit, France Num digitalisation grants, BPI Digital Commerce loan, ACRE SASU/SAS exemption, France 2030 automated logistics, additional depreciation allowance, executive digital training tax credit, IDF regional grants, Business France export, ZFU-TE: 14 e-commerce schemes for 2026, reviewed by Cabinet Hayot Expertise in Paris.
ACRE startup exemption, BPI Tourisme loan, apprenticeship grant €6,000 for CAP/BAC cuisine, HACCP training tax credit, eco kitchen equipment depreciation, AGEC biowaste subsidy, supplier brewery loan, ZRR/ZFU-TE exemptions, OPCO AKTO: 12 schemes to fund the opening, renovation and upskilling of your French restaurant in 2026, reviewed by Cabinet Hayot Expertise in Paris.
RGE certification, CEE energy certificates, MaPrimeRénov', eco-PTZ, BPI France loans, ADEME Heat Fund, apprenticeship grant, clean equipment depreciation, R&D tax credit, ZFU-TE exemptions: 14 schemes that fund growth and energy transition for French construction companies in 2026, reviewed by Cabinet Hayot Expertise in Paris.
Personal bank loan, employer loan, partner current account advance or family loan: which option fits your situation as a business owner in France in 2026? APR, interest tax treatment, borrower rights and decision framework.
Business bank loan refused: understand the reasons, refer your case to the Banque de France credit mediation service and activate the right financing alternatives.
Personal contribution, bank loan, Bpifrance Transmission guarantee, honour loan, vendor loan and acquisition holding: how to assemble the financing of a company purchase in 2026.
Our articles provide general guidance. A discovery meeting with Samuel HAYOT allows us to analyse your specific case.