GUARANTY FUND DEVOTED TO TOURISM PROJECTS
Incentive Category : Funding
Description
Guarantee of bank loans granted for the completion of accommodation establishment projects (except TPRER) and/or of a medium and large size tourism entertainment component.
Organization
Central Guarantee Fund (CGF)
Detail
A minimum of 40% is financed through equity and a maximum of 60% through bank loans.
The 1% guarantee cost (excluding taxes) per year on the outstanding capital of the secured loan.
The fundable programs are:
- Programs involving physical investments (buildings, equipment, etc.);
- Intangible investments (stock in trade, need in RDF).
Eligibility
1. Be a company governed by the Moroccan law;
2. Submit an investment program for the creation of an accommodation establishment (except TPRER) and/or a tourist entertainment component.
Contact
https://www.ccg.ma/fr/la-ccg/publications/brochures?page=7
