France Épargne Corporate
Syndicated loans and club deals
France Épargne Corporate connects companies seeking to finance €20m or more with the private debt funds whose ticket size, instruments and sectors match their case. Outstanding bank credit to French mid-sized companies stood at €398.8bn at the end of August 2026.
Bank credit to companies in 2026
- €398.8bn
- outstanding bank credit to French mid-sized companies at the end of August 2026 (+0.8% year on year)
- €238.8bn
- outstanding bank credit to large French companies at the end of August 2026 (+6.1% year on year)
- 3.54%
- average cost of new bank loans above €1m in August 2026
Facilities
Facilities in a syndicated loan
Term loan
An amortising tranche or a tranche repaid at maturity.
Revolving credit facility (RCF)
A committed facility for cash needs.
Capex facility
A committed facility for an investment programme.
Market
Outstanding amount, cost and availability of bank credit
| Size | Outstanding | Annual growth | Cost of new loans | Cost in August 2025 |
|---|---|---|---|---|
| SMEs | €550.3bn | +2.2% | 3.71% | 3.39% |
| Mid-caps | €398.8bn | +0.8% | 3.74% | 3.59% |
| Large companies | €238.8bn | +6.1% | 3.40% | 3.02% |
| Financing | August 2026 | August 2025 |
|---|---|---|
| Bank loans above €1m | 3.54% | 3.21% |
| Bank loans of €1m or less | 3.84% | 3.65% |
| Debt securities issuance | 3.87% | 3.26% |
| All financing | 3.73% | 3.35% |
| Loan requested | SMEs | Mid-caps |
|---|---|---|
| Investment loan | 96% | 98% |
| Short-term cash loan | 83% | 93% |
Share of companies that obtained all or more than 75% of the loan requested. SMEs: 10 to 249 employees. Mid-caps: 250 to 4,999 employees.
Questions
Frequently asked questions
- What is the outstanding bank credit to French mid-sized companies?
- Outstanding bank credit to French mid-sized companies stood at €398.8bn at the end of August 2026. It grew by 0.8% year on year.
- What does a new bank loan cost a mid-sized company?
- The average cost of new bank loans to mid-sized companies stood at 3.74% in August 2026. It was 3.59% in August 2025.
- What share of mid-sized companies obtain the investment loan they request?
- 98% of mid-sized companies obtained all or more than 75% of the investment loan they requested in the second quarter of 2026.
- From what amount can a company request an introduction?
- France Épargne Corporate introduces to private debt funds the companies whose financing need reaches €20m or more.
Contact