Advance on pledged market

Does your company have pledgeable public or semi-public contracts and you would like to obtain cash flow advances related to the progress of the work?

BANK OF AFRICA provides its customers with the advance on pledged market, or advance on recorded rights, which is a cash flow credit that allows a company holding a pledgeable contract, whether public or semi-public, to mobilise a debt recognised by the contracting authority, to quickly obtain cash, as the work progresses, pending the settlement of its claim by the latter.

The cash advance is done immediately, based on the presentation of the contracting authority's certificates, in favour of the customer. The amount of the advance generally corresponds to 80% of the recorded right. The repayment of the advance on recorded shall be made upon receipt of the funds of the debt by the contracting authority in favour of the customer.

2 good reasons to take advantage of it

With BANK OF AFRICA's advance on pledged market, you collect your debts on the State in advance and finance the required cash flow to perform the work related to the pledged market.

Quickly get up to 80% of your public debt
Compensate for delays in payment by the public administration

Stay informed.

Any company that is a customer of BANK OF AFRICA and a successful bidder of a public or semi-public contract, pledged in accordance with the Dahir of 28/08/1948, can be entitled to this cash flow credit.

The amount of the advance generally corresponds to 80% of the recorded right and its duration must be in corellation with the time limit to complete the contract and with the payment conditions set by this market

The credit rate is fixed for a specific period but can be revised if necessary

Special pricing may be granted to customers who favour their relationship with BANK OF AFRICA.

For more information on BANK OF AFRICA advance on pledged market, please contact your customer advisor or contact our Customer Relations Center on 08 01 00 81 00 to get answers to your questions.

Intéressé ? C’est normal

Vous pouvez faire votre demande entièrement en ligne ou remplir le formulaire pour être contacté par un de nos commerciaux

I get information from an advisor

In accordance with Law 09-08, you have the right to access, rectify and oppose the processing of your personal data. This processing has been authorized by the CNDP under No. D-264/2024.

I have read and accept the legal notices, in particular the notice relating to the protection of personal data

I agree to receive communications and commercial offers from BANK OF AFRICA.