DAMANE OXYGEN
Incentive Category : Funding
Description
This new guarantee product aims at mobilizing financing resources in support of companies whose cash flow has decreased due to the slowdown of their activity.
Organization
Central Garantee Fund (CGF); Banks
Detail
It covers 95% of the loan amount and therefore enables banks to quickly set up exceptional overdrafts for financing the target companies’ working capital requirements.
Eligibility
Conditions:
1. VSE with a MMAD-200 turnover
2. Intermediate size company with a turnover between MMAD 200 and MMAD 500
