Integrated Support and Financing Program for Businesses
This program consists of a financing and support package provided under very favorable conditions.
- Young graduates/qualified project leaders
- Auto-entrepreneurs registered in the national registry
- Individual entrepreneurs who are not auto-entrepreneurs
- Very Small Enterprises, including merchants
- Artisans
- Individual farmers and agricultural operators
- Individual entrepreneurs and Very Small Enterprises in rural areas
- Very Small Enterprises engaged in export
- Start-ups
- Cooperatives
The financing offer corresponds to repayable loans intended to finance:
- Investment expenses
- Operating expenses
You should contact the program's partner banks that offer the financing defined within the program, namely:
- Al Barid Bank
- CFG Bank
- Arab Bank
- CIH Bank
- Attijariwafa Bank
- Crédit Agricole du Maroc
- Bank Al-Amal
- Crédit du Maroc
- BMCE Bank
- Crédit Populaire du Maroc
- BMCI
- Société Générale Marocaine des Banques
For newly established businesses, a projected turnover less than or equal to 10 million Moroccan Dirhams (DH).
For existing businesses operating in urban areas:
- A turnover less than or equal to 10 million DH.
- To be created within a maximum of 5 years.For businesses operating in rural areas:
- A turnover less than or equal to 10 million DH.
- To be created within a maximum of 5 years. The condition is waived for agricultural enterprises that can either be new creations, significant restructuring of existing operations, or innovative investments that enable modernization of the activity.For businesses engaged in exports to Africa, a turnover less than or equal to 10 million DH without any seniority requirement.
The financing offer consists of several financing products developed by each of the participating banks and share certain common characteristics.
These products are categorized based on the type of funding needs and the project's location:
- Funding for investments.
- Funding for operating expenses.
- Funding for startup working capital.
- Urban area location according to the Ministry of the Interior's criteria.
- Rural area location.
These products fall into three main categories:
1. Investment and operating loans referred to as "Intelak."
2. Investment and operating loans referred to as "Intelak Al Moustatmir Al Qarawi."
3. Interest-free loans known as "Start-TPE."
**Investment and Operating Loans "Intelak"**
These loans are intended for projects and businesses in urban areas, encompassing all activities except real estate development and deep-sea fishing.
**Loan Amounts**
The cumulative investment and operating loans can go up to 1.2 million Moroccan Dirhams (DH) per beneficiary.
**Guarantees**
No personal guarantees are required. Project-related guarantees, such as assets, equipment, and business assets, are engaged without personal guarantees, including guarantees in the form of co-signature.
**Insurance Delegation**
Death and Disability Total Insurance Delegation.
**Pricing**
- Preferential Interest Rate: 2% excluding tax (HT).
- Application Fees: Free.
- Preferential Insurance Premium: 0.1% excluding tax (HT).
**Investment and Operating Loans "Intelak Al-Moustatmir Al Qarawi"**
These loans are aimed at projects and businesses in rural areas, encompassing all activities except real estate development and deep-sea fishing.
**Loan Amounts**
The cumulative investment and operating loans can reach up to 1.2 million Moroccan Dirhams (DH) per beneficiary.
**Guarantees**
No personal guarantees are required. Project-related guarantees, such as assets, equipment, and business assets, are engaged without personal guarantees, including guarantees in the form of co-signature.
**Insurance Delegation**
Death and Disability Total Insurance Delegation.
**Pricing**
- Preferential Interest Rate: 1.75% excluding tax (HT).
- Application Fees: Free.
- Preferential Insurance Premium: 0.1% excluding tax (HT).
**Interest-Free "Start-TPE" Loan**
This loan complements the investment credit and is used to finance the startup working capital needs associated with the investment.
It can be granted once to a company that has taken out an Intelak or Intelak Al Moustatmir Al Qarawi investment credit of 300,000 DH or less.
It is repayable after a maximum of 5 years, except in the event of a company liquidation procedure.
**Loan Amounts**
The interest-free loan can reach up to 20% of the investment credit amount, with a maximum limit of 50,000 DH.
**Guarantees**
No guarantees are required.
**Pricing**
- Interest Rate: 0%.
- Application Fees: Free.
The support offer corresponds to the services provided to project initiators to help them create their businesses, facilitate financing, and the services provided to established businesses to ensure their sustainability.
The beneficiaries of support services provided by this program are:
- Individuals with business ideas in the project conceptualization phase.
- Project initiators in the project execution and business creation phase.
- Newly established businesses.
The support services vary depending on the phase in which the project initiator is located. They can be in the phase of:
1. Idea maturation.
2. Project conceptualization and planning.
3. Business creation.
4. Funding search and credit application preparation.
5. Project development and sustainability.
These services can address various needs, including, for example:
- Pre-business creation phase: training, incubation, project planning assistance, business plan development, advice on available funding, and support in credit application preparation.
- Business creation phase: assistance with administrative procedures and obtaining permits.
- Post-business creation phase: accounting, consulting, training, available funding, legal assistance, support for business sustainability and growth, access to sector-specific and regional information.
- Crisis phase: external support in managing challenges.
- Business transfer or acquisition phase: assistance and advice.
Note: The actual services and details may vary based on the specific support program or organization.
For information and guidance needs, eligible candidates can contact the following regional entities:
- Bank branch networks
- Bank Al-Maghrib branches at the regional level
- Regional Investment Centers
- Regional branches of the Caisse Centrale de Garantie
- Regional structures of the CGEM (General Confederation of Moroccan Enterprises)
- Regional support centers of the OFPPT (Moroccan Agency for Vocational Training and Promotion of Work)
- Regional agencies and branches of the ANAPEC (National Agency for the Promotion of Employment and Skills)
You can contact the following organizations if you:
1. Have an idea and need support to develop a project.
2. Have already developed your project or recently established a small business and need assistance in preparing a financing application for obtaining credit.
3. Have recently established your business and need support to sustain and grow your activity.
- Bank branches: For banks with support structures, the branches will connect you with professional advisors who can assist you in project and business plan development or credit application preparation.
- Regional Investment Centers (CRI): CRIs will connect you with relevant regional parties, such as established professionals, associations, and experts, offering support services based on your specific needs and the stage of your business's life cycle.
- Regional support centers of OFPPT: These centers provide training and project development support services, as well as post-creation training and assistance.
- Regional agencies and branches of ANAPEC: They provide support services to project initiators in the pre-creation phase and during the business launch, along with entrepreneurship awareness sessions.
In case of difficulty accessing support services, you can contact the Regional Investment Center.
It is advisable to contact the Regional Investment Centers, which will provide the necessary assistance to facilitate business creation and obtain the required authorizations in a timely manner.
In case of difficulty accessing support services, you can contact the Regional Investment Center.
- Copy of the National Identity Card (CIN)
Professional card or Model 7 of the Business Register or self-employed card
Legal file (or draft bylaws if the company is currently being created)
CV + copy of diplomas or certificates + proof of professional experience
Certificate of property ownership or sales agreement for the local acquisition
Lease agreement or lease commitment for leased premises
Feasibility study for the project (technical study, market study, investment program, financing plan, implementation schedule, and projected income statement for the requested loan duration, specifying the number of jobs to be created and calculation assumptions)
Cash flow statement in the case of short-term financing
Authorization to operate
Pro forma invoice and quote less than 3 months old
Construction and renovations
Machinery and equipment to be acquired
Site visit report (to be conducted and filled out by the agency) for existing businesses
Project outline/relationship if it's a new creation.