https://techcrunch.com/2020/03/20/crowd-lending-platform-october-hits-pause-on-loan-repayments/

French startup October wants to reduce the pressure on small and medium companies going through the Coronavirus crisis. In order to give them some headroom, companies that have borrowed money on October won’t have to pay back their loans for the next three months.

October works with small companies in France, Spain, Italy, Netherlands and Germany who need a credit line. One of the company’s key advantages compared to borrowing money from a bank is that it’s much faster. You can apply to a credit line and get an answer just a few days later. Usually, companies pay back their loans over time with monthly repayments over three months to seven years.