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France Loans Small Businesses Amid Fuel Costs
PYMNTS·
The French government is providing financial assistance to small businesses struggling with escalating fuel expenses. Loans of up to $57,600 are available to companies in sectors particularly vulnerable to price hikes, including agriculture, fishing, and transportation. These loans will have a repayment period of 36 months, offering a crucial lifeline to businesses that spend a significant portion of their budget on fuel. This initiative aims to mitigate the economic impact of rising energy prices on these vital industries.
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fintech
regulation
macro
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PYMNTS — pymnts.com