At Smarto, we understand that pursuing your studies at a prestigious institution like ESSEC Business School is an important investment in your future.
That's why we're here to make financing your education as easy and stress-free as possible.
Smarto offers a Guaranteed Insurance service for student loans. In short, Smarto acts as a guarantor for students who do not have a parental guarantee.
Who is eligible for the Smarto Service?
All ESSEC students are eligible for the Smarto Guarantee provided they:
1- reside in mainland France
2- are of legal age
3- are nationals of the European Union or of Iceland, Norway, Liechtenstein, the United Kingdom, Switzerland, Monaco, Andorra, San Marino.
Fill in this questionnaire to check your eligibility, with no obligation!
Smarto is your guarantor: Most banks require a mandatory guarantor, usually parents and a family member. This is often the most difficult challenge in the student loan application process.
Fast service: the Smarto route is 100% digital. All you need is an Internet connection.
It takes around 15 minutes to submit the application, and around 24 hours to validate it and send the Deed of Guarantee.
The rest of the time is taken by the bank, which takes between 15 days and a month.
As an ESSEC student, we can guarantee your student loan up to 50,000 euros
Who is Smarto's financial partner?
Smarto has a partnership with BNP Paribas, and in particular the Cergy branch.
You will be welcomed by a dedicated advisor for your "Smarto" loan at the branch.
All ESSEC students are eligible for the Smarto Guarantee provided they:
1- reside in mainland France
2- are of legal age
3- are nationals of the European Union or of Iceland, Norway, Liechtenstein, the United Kingdom, Switzerland, Monaco, Andorra, San Marino, etc.
1- I test my eligibility for the Smarto Guarantee (see just below)
2- If I'm eligible, I receive a confirmation message with the address for submitting my Guarantee application.
3- Once the file is complete, after just 24 hours, I receive my deed of Guarantee
4- With my deed of Guarantee, I make an appointment with the bank and get my loan proposal.
The Smarto Guarantee is an Assurantial Guarantee.
In other words, Smarto has negotiated with an insurer and a reinsurer to cover the risk of non-repayment (death, cessation of studies, change of career with lower income, life's hard knocks, fraud, etc.).
The overall cost of the Smarto Guarantee is a one-off deduction of 6% of the value borrowed.
If, for example, you borrow 10,000 euros, the amount of the Smarto Guarantee is 600 euros.
The bank will therefore pay you 9400 euros.
