In 2010, the government launched a major national loan called the Future Investment Program (PIA), which includes a budget of 100 million euros dedicated to the Social and Solidarity Economy sector.
In the PACA region, ESIA, which has been financing solidarity projects for nearly 10 years, is partnered with the Caisse des Dรฉpรดts to process financing requests from associations.
The PIA takes the form of a 0% interest loan (or 2% depending on the amounts) over a period of 5 to 7 years and aims to finance investments or cash flow needs (working capital requirement).
All employing associations may be eligible provided they have a healthy financial structure and a part of their total revenue from sales (at least > 10%).
It is not always easy to know when it is appropriate to borrow.
Does an association need a loan to finance its projects and development?
How to strengthen cash flow to cope with payment delays of subsidies?
How to ensure repayment capacity?
This meeting will be an opportunity to present you with the elements for analyzing a financial situation, explain the concrete conditions for obtaining PIA funding, and, if necessary, answer your questions about ESIA’s intervention schemes (solidarity funding, SOS…) and CLAIE’s (DLA, microprojects…).
