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In addition, it may guarantee up to 90% of borrowings taken out and overdraft authorizations obtained by the companies from their own banks to cope with the crisis.

Besides, the French Government has also committed to guaranteeing €300 billion in loans granted by private banks to those companies with a maximum of 5,000 employees and which generate less than €1.5 billion in sales in France. The loans taken out can represent up to three months of sales of the company. For new or innovative companies, these loans can represent up to two years of their payroll.

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