Bpifrance
Bpifrance Assurance Export is the administrator of official French Export Credit. Their stated mission is to boost French exports. The Bpifrance Assurance Export department offers a wide array of export insurance solutions for French companies and banks with the direct guarantee of the French State. Responsibility for French official export credit guarantees was transferred to Bpifrnace from Coface in 2015. Bpifrance, with 1200 staff and 50 offices, notes that it helps stimulate French business’ growth by offering loans, providing guarantees and awarding buyer credit and supplier credit to encourage startups and business abroad. It claims financing for over 80 000 companies and providing over 6000 investment loans and 50000 short term loans in 2018 with a total production of 19 billion euros. Bpifrance is also the innovation agency for entrepreneurs with 1,3 billion euros of innovation soft loans distributed to 6000 companies every year.