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Financing of microentreprises 2018Q1

Published on 05/30/2018
Real-estate loans drive the increase in credit to very small enterprises
Over one year, loans to very small enterprises (or micro-enterprises) rose by 4.8 % to reach € 262.2 billion. Equipment loans and real-estate loans still increased at a rapid pace (4.6 % and 6.1 % respectively). By contrast, treasury loans decreased over one year.
Quarterly loans gross issuance remained largely positive and amounts to €14.7 billion compared with €14.9 billion in the fourth quarter of 2017.
Interest rate on loans below €250,000 remained under 2.0% (1.85%), a level much below than in other major euro area countries
Loans to micro-enterprises : credit type breakdown
(Outstanding amounts, EUR billions)
Outstanding Yearly growth
Q1 2018 Q4 2017 Q1 2018
Micro-enterprises 262.2 4.9% 4.8%
Cash loans, including factoring 17.8 0.0% -2.8%
Investment loans 124.0 4.4% 4.6%
Real-estate loans 120.0 5.9% 6.1%
Micro-enterprises loans outstanding changes
(EUR billions)
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 - March 2018
Micro-entreprise financing
Contact: Contact Stat Info

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Financing of microentreprises
  • Published on 05/30/2018
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Published on Wednesday, May 30, 2018