SME Financing in Morocco

The objective of this work is to contribute to the reflection on an issue which is very topical today in Morocco, namely that of the encouragement of SMEs. After the presentation of the political and economic environment in which Moroccan SMEs operate, and the importance of the means of financing implemented by banking establishments and financial organizations specialized in favor of SMEs, we will analyze the multiple constraints of various kinds that come up against to the development of Moroccan SMEs. Some are due to factors outside the company, are of a financial and legislative, administrative and judicial nature, the others are intrinsic to the SME, and relate to their competitiveness, and which are linked to their ability to compete on the markets, which poses a significant threat to their viability.