The Region is launching in partnership with Bpifrance, the ERDF REACT EU RELANCE fund providing liquidity support loans to small and medium-sized enterprises, including as part of their development programme. The scheme is co-financed by REACT EU resources, funding as part of the EU’s response to the COVID 19 pandemic. The loan is intended for small and medium-sized enterprises in the territory and is part of the European Commission’s response to combat the socio-economic impact of the epidemic and prepare for the recovery of the economy. The loan is for a duration of 5 to 7 years and benefits from a deferred repayment of 1 to 2 years. It is granted without taking a guarantee on the assets of the company or the assets of the manager.