In this expert article, My name is Patricia Guyomarc’h deciphers a major advance in the Macron law: the possibility for companies to lend money to each other, thus creating a loophole in the banking monopoly. This scheme aims to overcome banks' reluctance to meet the short-term cash flow needs of very small businesses (VSBs) and small and medium-sized enterprises (SMEs).
The author clarifies strict conditions Why inter-company credit: it must be granted by a SARL or SA with certified accounts, remain accessory to the main activity and not exceed two years. A crucial point is the requirement for a economic link pre-existing, such as a franchise agreement or a significant commercial relationship (at least €500,000).
Mr Guyomarc'h nevertheless warns about the strategic risks accentuation of borrower dependence and lack of company expertise in assessing creditworthiness, unlike banks. It highlights that, while this rate freedom is an asset, it requires rigorous drafting of agreements to manage legal and tax risks. An essential analysis to secure your financial partnerships.
