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Financing of microentreprises 2017Q2

Published on 08/31/2017
Loans to very small enterprises continue to rise
The outstanding amount of loans to very small businesses reaches 251.3 billion euros at the end of June 2017, up by +4.2 % over a year. Both equipment loans and real-estate loans rise (respectively +4.0 % and +5.4 %) whereas cash loans decrease (-2.8 %).

Quarterly loans gross issuance amounts to €14.8 billion compared with a peak of €16.5 billion in the first quarter 2017.

The average interest rate on loans below €250,000 remains stable below 2.0% (1.91%), at a much lower level than in other major euro area countries.
Loans to micro-enterprises : credit type breakdown
(Outstanding amounts, EUR billions)
Outstanding Yearly growth
Q2 2017 Q1 2017 Q2 2017
Micro-enterprises 251.3 4.7% 4.2%
Cash loans, including factoring 18.2 -0.4% -2.8%
Investment loans 119.9 3.7% 4.0%
Real-estate loans 112.9 6.6% 5.4%
Micro-enterprises loans outstanding changes
(EUR billions - seasonally adjusted)
Note : seasonally adjustment stands for cash loans only
Loans to micro-enterprises issuance
(Quarterly gross issuance, EUR billions)
Eurozone : Loans below EUR 250,000 new issuances rate (%)
Source and design : Direction générale des statistiques
For more 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 - June 2017
Micro-entreprise financing
Contact : DSMF Contact Stat Info

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Financing of microentreprises
  • Published on 08/31/2017
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Published on Thursday, August 31, 2017