A co-financing facility established in partnership with local banks to support and promote the financing of investment projects led by women entrepreneurs, Moroccans living abroad, and green enterprises and projects.
Who are the eligible beneficiaries?
Any company incorporated under Moroccan law that meets at least one of the following three eligibility criteria:
What are the terms and conditions of the joint financing facility?
What are the project financing arrangements?
Investment programmes will be financed according to the following structure:
Which sectors are eligible?
All business sectors are eligible, with the exception of real estate development and deep-sea fishing.
Download the product sheet
Damane Istitmar is a guaranteed solution that covers a share of the risk on medium and long-term investment loans and leasing facilities granted to enterprises incorporated under Moroccan law, for amounts exceeding MAD 1 million. It applies to medium and long-term investment loans and leasing facilities. Guarantee coverage is 60% of the loan principal, increasing to 70% when the applicable eligibility conditions are met.
Who is eligible and which sectors are covered?
Damane Istitmar is open to enterprises incorporated under Moroccan law, as well as to individual buyers in the context of business transfer operations, whose activities involve the production of goods or services. All sectors qualify, with the sole exception of real estate promotion and deep-sea fishing.
What financing is covered, how long does the guarantee last, and what does it cost?
Damane Istitmar covers medium and long-term investment bank loans and leasing facilities. The guarantee runs for the full duration of the loan, with a flat commission of 2% excluding tax, calculated on the loan amount.
What is the risk ceiling?
The risk ceiling is capped at MAD 15 million per transaction and MAD 30 million per enterprise, rising to MAD 20 million and MAD 40 million, respectively, where applicable conditions are met. A specific ceiling of MAD 10 million applies to financial restructuring operations.
How long does it take and how do I apply?
Damane Istitmar guarantees that applications will be reviewed by TAMWILCOM within a maximum of 10 business days from receipt of a complete file. Applications are submitted exclusively through the bank or leasing company, which is responsible for compiling the file and forwarding it to TAMWILCOM.
Damane Express guarantees a portion of bank lending risk, giving businesses the breathing room they need to protect their cash flow and maintain continuity. The solution covers short, medium, and long-term bank loans, leasing facilities up to MAD 1 million, and honour loans up to MAD 300,000. Guarantee coverage stands at 70% of the loan principal, rising to 80% for women-owned or women-managed businesses.
Damane Express is open to any enterprise incorporated under Moroccan law whose activity involves the production of goods or services.
All sectors qualify, with the sole exception of real estate promotion and deep-sea fishing.
Damane Express covers short, medium, and long-term bank loans, leasing facilities up to MAD 1 million, and honour loans up to MAD 300,000. For short-term loans, the guarantee remains valid for 18 months from the date of issue if not renewed.
The commission is set at 0.5% excluding tax on issuance and renewal for short-term loans of 12 months or less, and at a flat rate of 1.5% excluding tax for medium and long-term loans, leasing facilities, and honour loans, with a minimum of MAD 200 excluding tax per transaction.
The risk ceiling is capped at MAD 2 million per enterprise and per lending institution.
Damane Express guarantees applications are processed within 48 hours through a secure electronic data exchange. Applications are submitted through the borrower's bank, leasing company, or an accredited association, which is responsible for compiling the file and forwarding it to TAMWILCOM.
