SME Support Loans

Purpose Loan size First Loan Maturity  Repeat Loan  Access Requirement   Interest Rate Collateral Repayment Frequency

Purpose

Working Capital Enhancement

 

 

Loan size

Range: GH¢ 10,000 – 100,000

 

 

First Loan

Depending on applicant’s capacity and business operations.

Maturity 

6 months and above depending on client capacity and size of business.

Repeat Loan 

Depending on loan repayment performance and business growth.

Access Requirement  

  1. Should have been in business for 12 months and  above
  2. Must Operate a Current Account in Business Name
  3. Should have a Permanent business & Resident location
  4. Should provide Six (6) months Current Bank Statement
  5. Receipts, Pro forma Invoices , Management / Audited Account ( If necessary or applicable)
  6. Reputable Guarantor that worth the Loan Request plus Interest or Collateral that worth same

 

 

Interest Rate

Competitive

Collateral

Guarantor or  Collateral ( Vehicle, Stock  Household Chattel  where applicable )

Repayment Frequency

Monthly