COVID-19: the Region is launching, in partnership with Bpifrance, the ERDF REACT EU Fund for Rebond Ile-de-France loans, a loan to support the treasury of small and medium-sized enterprises. The ERDF REACT EU loan is part of the European Commission’s response to the socio-economic impact of the epidemic. In order to support companies facing cash flow difficulties, the Region and Bpifrance are setting up a ERDF REACT EU loan fund for Rebond Ile-de-France loans. This loan supports the treasury of companies. The loan is seven years long and has a two-year deferred repayment. It is granted without taking a guarantee on the assets of the company or the assets of the manager. The Rebond FEDER REACT EU Ile-de-France loan is intended to be an effective and responsive tool in order to meet, in an exceptional context, the needs of companies.