France loans to sole proprietors: one to five years
France loans to sole proprietors: one to five years stood at 3.76% in Aug 2026, according to ECB Data Portal – MFI interest rate statistics (MIR), reported by Banque de France. It is one of the indicators in the Bank interest rates and new loans table (Value · Monthly), with a complete series running from Jun 2010 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Bank interest rates and new loans table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Other purposes | |||||||||||
| Loans to sole proprietors & unincorporated partnerships with an interest rate fixation period of over one & up to five years (new business) | 3.76 | 3.84 | 3.82 | 3.78 | 3.73 | 3.64 | 3.64 | 3.55 | 3.51 | 3.53 | |
| Loans to households for other purposes with an interest rate fixation period of over five years (new business) | 3.63 | 3.6 | 3.55 | 3.41 | 3.4 | 3.34 | 3.34 | 3.27 | 3.28 | 3.33 |
Understanding france loans to sole proprietors: one to five years
Measuring the annualized agreed rate on newly issued medium-term loans granted to sole proprietors and unincorporated partnerships with interest rate locks spanning one to five years, this indicator reflects intermediate business financing terms. It includes commercial credit agreements finalized within the survey month that guarantee rate stability for a moderate duration. Excluded are short-term working capital facilities, long-term capital investment loans, and purely personal household consumption debt.
Analysts must account for potential structural breaks stemming from updates to bank accounting frameworks or reclassifications of borrower legal statuses. Seasonal dips in commercial loan originations can influence monthly rate averages independently of monetary policy shifts. Comparing this series with corporate medium-term rates helps identify whether independent operators face financing premiums relative to incorporated firms.
Frequently asked questions
- What characterizes the medium-term fixation window for these business loans?
- The interest rate remains locked for a duration exceeding twelve months up to a maximum of sixty months.
- Why are sole proprietors tracked separately from standard corporations?
- Their legal structure ties business debt directly to personal assets, altering the risk assessment applied by lenders.
- Do these figures capture loan renegotiations?
- No, this specific measure applies exclusively to newly negotiated business credit agreements.