Rapid financial support for SMEs

Bpifrance Flash is a pioneering platform dedicated to providing rapid and unsecured financial support to small and medium-sized enterprises. This innovative service, offered by Bpifrance, aims to address the various financial needs of businesses, ranging from material and immaterial investments to cash-flow requirements. The promise of the Flash platform is that you can submit an application in 30 minutes and receive a loan within 7 days. First of all, when managers visit the Bpifrance Flash website, they can use a simulator to determine if their company qualifies for pre-eligibility in financing.

Flexibility is another key benefit of the digital loans. Companies can choose the loan amount that best suits their needs, between €5,000 and €75,000. The flexibility of repayment terms, with a period of 3 to 7 years and the option to defer repayment for up to 24 months, ensures businesses have ample time to stabilize their cash flow. This allows them to generate the necessary revenue to meet their loan obligations.

How Bpifrance Flash supports business needs

The digital platform was created to provide access to loans via a 100% online model. For each request, the company’s solvency is automatically analyzed by a risk engine that incorporates numerous parameters related to the company’s financial situation, the history of the manager, as well as automatic fraud detection mechanisms, to decide whether or not to grant the loan. In case of doubt, a commitment committee can make a decision. Although the application process is 100% digital, managers still have access to a toll-free customer service number. This means they can be assisted at every stage of the application process.

The funds obtained through Bpifrance Flash can be allocated to a diverse range of projects. Companies can utilize the loans to manage inventory and working capital, strengthen equity, and support recruitment efforts. Additionally, the financing can be directed towards creating websites and enhancing cybersecurity measures, which are essential for the digital transformation of modern businesses. Furthermore, businesses can invest in tools and software that drive efficiency and innovation, positioning themselves for long-term success. Several products are also dedicated to supporting the ecological and environmental transition of small businesses

To qualify for Flash loans, businesses must meet a number of financial criteria : Companies must have fewer than 50 employees (for national offers and fewer than 250 employees for regional offers). As Bpifrance is involved in co-financing, one of the criteria is also the presence of bank loans already in place within the company. In addition, the company must be supported by a chartered accountant.

Since its inception in 2020, Bpifrance Flash has funded over 15,000 businesses – The satisfaction level is good with an NPS above 50. The online subscription platform is accessible through this link.