CNAC Financing
What is it ?
You have a professional project, opt for the CNAC system, flexible investment financing adapted to your activity.
Eligibility
Participants
Amount of financing
Interest rate
Reimbursement
Loan duration
The duration of the bank credit is eight (08) years, including three (03) years of deferred repayment of the principal.
The +
S'inscrire
Registration
Go to the nearest CNAC branch.
Build your file
Constitute your financing file.
Your loan is ready
Benefit from your credit and realize your professional project.
FAQ
To benefit from the CNAC credit, the following conditions must be met:
• Be between thirty (30) and fifty (50) years old;
• Be of Algerian nationality;
• Do not hold a paid employment or carry out an activity on their own account at the time of submitting the request for assistance;
• Be registered with the services of the national employment agency as a job seeker or be a recipient of the national unemployment insurance fund;
• Have a professional qualification and/or possess know-how related to the planned activity;
• Be able to mobilize sufficient financial capacity to participate in the financing of his project;
• Not having benefited from an aid measure for the creation of activities.
• Be between thirty (30) and fifty (50) years old;
• Be of Algerian nationality;
• Do not hold a paid employment or carry out an activity on their own account at the time of submitting the request for assistance;
• Be registered with the services of the national employment agency as a job seeker or be a recipient of the national unemployment insurance fund;
• Have a professional qualification and/or possess know-how related to the planned activity;
• Be able to mobilize sufficient financial capacity to participate in the financing of his project;
• Not having benefited from an aid measure for the creation of activities.
• For the constitution of your credit file, we inform you Madam, Sir that your file is introduced by the interlocutor of the CNAC at the level of our Bank. This file consists of the following documents:
• Application for financing addressed to the Bank, drawn up by the unemployed promoter;
• Birth certificate n°12 or n°14 for the presumed;
• Certificate or certificate of residence;
• Copy of the diploma, professional qualifications, training certificate, or any other document attesting to know-how;
• Copy of national identity card;
• Certificate of eligibility and funding (Creation) or compliance and funding (extension), established by the CNAC;
• Copy of the business plan, accompanied by pro forma invoices and/or estimates for any development or layout work to be carried out.
• Application for financing addressed to the Bank, drawn up by the unemployed promoter;
• Birth certificate n°12 or n°14 for the presumed;
• Certificate or certificate of residence;
• Copy of the diploma, professional qualifications, training certificate, or any other document attesting to know-how;
• Copy of national identity card;
• Certificate of eligibility and funding (Creation) or compliance and funding (extension), established by the CNAC;
• Copy of the business plan, accompanied by pro forma invoices and/or estimates for any development or layout work to be carried out.
• The maximum amount of investments provided for by this system is ten 10 million dinars;
• The amount of the credit may in no case exceed 70% of the cost of the project;
• The amount of the unpaid loan and between 28% and 29%
• The amount of the promoter's personal contribution is between 1% and 2%;
Additional aid can be granted in the form of PNR (Non-Remunerated Loan). This aid, paid exclusively by the CNAC, concerns:
• PNR-VA “Workshop Vehicles” unremunerated loan;
• PNR-LO “Rental” unremunerated loan;
• Non-remunerated loan “Cabinets-Groupés” PNR-CG (medical, accounting, etc.). The information and the conditions for granting this aid are at the level of the CNAC.
• The amount of the credit may in no case exceed 70% of the cost of the project;
• The amount of the unpaid loan and between 28% and 29%
• The amount of the promoter's personal contribution is between 1% and 2%;
Additional aid can be granted in the form of PNR (Non-Remunerated Loan). This aid, paid exclusively by the CNAC, concerns:
• PNR-VA “Workshop Vehicles” unremunerated loan;
• PNR-LO “Rental” unremunerated loan;
• Non-remunerated loan “Cabinets-Groupés” PNR-CG (medical, accounting, etc.). The information and the conditions for granting this aid are at the level of the CNAC.
The personal contribution of the promoter depends on the total amount of the project, it is fixed according to the following levels:
• Level 1: 1% of the total amount of the investment when this is less than or equal to five (5) million dinars;
• Level 2: 2% of the total amount of the investment when it is greater than five (5) million dinars and less than or equal to ten (10) million dinars.
• Level 1: 1% of the total amount of the investment when this is less than or equal to five (5) million dinars;
• Level 2: 2% of the total amount of the investment when it is greater than five (5) million dinars and less than or equal to ten (10) million dinars.
The duration of the bank credit is eight (08) years, including (03) years of deferred repayment of the principal.
The interest rate applicable to creation or extension investments is 6.75%, subsidized to 100%, which means that all of the interest deducted on the bank loan is borne by the Treasury.
The loan repayment schedule is half-yearly.
• The guarantees required to cover the CNAC credit risk are:
• Pledges of equipment and materials financed;
• Pledges for rolling stock;
• The “multi-risk and/or all-risk insurance” delegation;
• Membership of the Mutual Guarantee Fund for Guaranteeing Investment Credit Risks.
• The use of any other warranty is excluded.
• Pledges of equipment and materials financed;
• Pledges for rolling stock;
• The “multi-risk and/or all-risk insurance” delegation;
• Membership of the Mutual Guarantee Fund for Guaranteeing Investment Credit Risks.
• The use of any other warranty is excluded.
The processing of the file must not exceed two (2) months.
After study and acceptance of the file, an agreement is notified to you by the BDL agency.
Once this acceptance has been notified, your file must be completed with the following documents:
• Copy of the rental lease for a minimum period of two (02) years, renewable, or deed of ownership in the name of the promoter;
• Copy of the trade register and/or any other registration document (craftsman's card, ……. …);
• Copy of the legal status of the company in the case of a legal entity;
• Copy of certificate of existence or tax card;
• Minutes of the visit to the premises to house the activity, drawn up by the CNAC, valid for all parties, with the exception of non-sedentary activities;
• Copy of the promoter's adhesion contract to the Guarantee Fund for the entire duration of the bank loan;
• Original copy of the decision to grant benefits under the implementation phase (DOAR) in creation, or extension (DOAREX);
• Copy of pro forma invoices or updated quotes if applicable;
• Copy of the proof of payment of the personal contribution and transfer of the classic PNR;
• Orders for the collection of cheques.
After study and acceptance of the file, an agreement is notified to you by the BDL agency.
Once this acceptance has been notified, your file must be completed with the following documents:
• Copy of the rental lease for a minimum period of two (02) years, renewable, or deed of ownership in the name of the promoter;
• Copy of the trade register and/or any other registration document (craftsman's card, ……. …);
• Copy of the legal status of the company in the case of a legal entity;
• Copy of certificate of existence or tax card;
• Minutes of the visit to the premises to house the activity, drawn up by the CNAC, valid for all parties, with the exception of non-sedentary activities;
• Copy of the promoter's adhesion contract to the Guarantee Fund for the entire duration of the bank loan;
• Original copy of the decision to grant benefits under the implementation phase (DOAR) in creation, or extension (DOAREX);
• Copy of pro forma invoices or updated quotes if applicable;
• Copy of the proof of payment of the personal contribution and transfer of the classic PNR;
• Orders for the collection of cheques.