Finea advance

Are you a company interested in acquiring contracts and would like to find the right financing means for this purpose?

BANK OF AFRICA offers its clients the finea advance, a short-term loan guaranteed by the Caisse Marocaine des Marchés (CMM), allowing companies to meet the cash requirements related to the execution of public contracts by covering up to 90% of their value. You then get a "CMM Advance" line of credit that provides you with the necessary liquidity to carry out your contract serenely.

There are three types of financing adapted to the different phases of contract execution:
- Pre-financing credit: to cover the expenses incurred by the company for the execution of contracts before invoicing;
- Bridge credit: related to the financing of benefits eligible for payment, on the basis of the statement of work drawn up by the client, pending the issuance of certificates of entitlement;
- Refinancing credit: This facility is granted when the services provided entitle the contract holder to payment recognised by a certificate of established rights

3 key benefits

With BANK OF AFRICA's finea advance, you serenely finance all the stages of your public contracts' execution while taking advantage of the guarantee of the Caisse Marocaine des Marchés.

Financing up to 90% of the value of the public contract
A guarantee of the CMM against the collateral of the relevant market
3 types of financing to meet the needs of each stage of the contract

Your questions, our answers

All SMEs awarded public contracts pledged in favour of the CMM.

Pour bénéficier de la ligne de crédit « Avance CMM », il est nécessaire que :

The public contracts to which the company is awarded are pledged in favour of the CMM
The customer has:

- A credit authorisation for opening a discount line;
- An account domiciled within BANK OF AFRICA's network;

Please contact your BANK OF AFRICA customer advisor or contact the customer relations center on 08 01 00 81 00 in order to get answers to your questions.