PretUp is a participative financing platform providing loans for small businesses locally. PretUp’s activity is secured by a major Group of over 430 specialiazed partners in Real Estate and Finance (Partners Finances, France’s n°1 credit repurchase broker).
User have the possibility to lend businesses funds, from €20 per project, over periods between 12 and 60 months. The projects on the platform are guaranteed by the Gan-Groupama (a French insurer) for 50% of the invested capital, for free. PretUp works with the BPCE bank for the management of cash flow and electronic accounts (the accounts’ balance is guaranteed by the French state guaranty funds). Lenders ID are only requested for loans of €1500 and above.
PretUp is certified by Orias as an intermediary in participative financing (IFP) under n° 15001415 and audited by the prudential control and resolution authority ACPR. PretUp also has access to the Banque de France FIBEN files for the examination of the solvency of the selected enterprises.