Providing access to companies to investment loans needed to implement their creation, extension or modernisation projects, in compliance with agreements signed with banking institutions.
Eligible companies:
Companies meeting the following requirements can apply for the CCG guarantee:
To be engaged in the production of goods and/ or services (trade and property development sectors are not eligible)
To submit a potentially viable investment programme.
Eligible loans:
Investment programmes subject to the CCG guarantee can be financed with medium and long term loans, in Moroccan Dirham or foreign currency, according to the following maximum ratios:
80% maximum for “A” category companies (overall cost of investment programme not exceeding MD 10 million and/ or overall balance sheet not exceeding MD 20 million).
70% maximum for creation projects and 80% for extension/ modernisation, for “B” category companies.
The remainder of financing must be covered by stock capital and/ or similar.
Eligible loans:
Investment programmes subject to the CCG guarantee can be financed with medium and long term loans, in Moroccan Dirham or foreign currency, according to the following maximum ratios:
80% maximum for “A” category companies (overall cost of investment programme not exceeding MD 10 million and/ or overall balance sheet not exceeding MD 20 million).
70% maximum for creation projects and 80% for extension/ modernisation, for “B” category companies.
The remainder of financing must be covered by stock capital and/ or similar.
Guarantee quota
Up to 50% of loan principal, plus related interest.
Securities:
Set according to risk assessment by bank and the CCG.
Commissions:
Set according to company category:
Category “A”: 0.40% of outstanding loan per year.
Category “B”: 0.50% of outstanding loan per year.
Submission of application for guarantee
Through the bank elected by the company.
Processing lead time for applications
10 working days maximum for “A” category company files.
30 working days maximum for “B” category company files.
Object of guarantee: