Financing of microentreprises 2017Q3

Equipment loans to very small enterprises accelerate
Over one year, loans to very small enterprises (or micro-enterprises) rose by 5.0 % to reach € 255.4 billion. Equipment loans accelerated (5.3 % after 4.0 %). Real-estate loans also gathered momentum (6.1 % after 5.4 %). By contrast, treasury loans decreased again over one year (-5.0% after -2.8%).
Quarterly loans gross issuance remained largely positive and amounts to €13.7 billion compared with €14.8 billion in the second quarter of 2017.
Interest rate on loans below €250,000 remained under 2.0% (1.94%). This level remained much lower than in other major euro area countries
Loans to micro-enterprises : credit type breakdown
(Outstanding amounts, EUR billions)
Outstanding Yearly growth
Q3 2017 Q2 2017 Q3 2017
Micro-enterprises 255.4 4.2% 5.0%
Cash loans, including factoring 17.9 -2.8% -5.0%
Investment loans 121.7 4.0% 5.3%
Real-estate loans 115.6 5.4% 6.1%
Micro-enterprises loans outstanding changes
(EUR billions - seasonally adjusted)
Note : seasonally adjustment data for cash loans
Loans to micro-enterprises issuance
(Quarterly gross issuance, EUR billions)
Eurozone: Loans below €250,000 new issuances rate (%)
Source and design : Direction générale des statistiques
Additional information
In the survey the definition of micro-enterprises accounts for three criteria from the LME law, or instead, a turnover below € 2,000,000.
More information on: long time series, calendar, methodology
All statistical series released by Banque de France are available at Webstat Banque de France
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STAT INFO - September 2017
Micro-entreprise financing
Contact: DSMF Contact Stat Info

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Financing of microentreprises
  • Published on 11/29/2017
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Published on Wednesday, November 29, 2017