Shop direct from Ghanaian MSMEs
Contact:0302 770 070
ERM LOANS
We offer you term loans to finance acquisition of fixed assets like: Plant, Machinery, and Buildings.
Features
Tenors to match your cash flow. Attractive pricing. Benefits
Easy access to Financing at cheaper rates .
OVERDRAFT
Overdraft is a form of working capital finance used to finance a company’s operations.
Features and Benefits
Tenured for one year Competitive interest rates Frees your cash flow INSTANT BUSINESS LOAN
The growth of your business means a lot to us. That is why we are making it possible for you to have instant access to funds to expand your business.
Benefits
· Enjoy up to a GHS100,000 loan facility
· Flexible repayment terms
· Competitive interest rate
· Loan in 48hrs
Eligibility
· Must have an account with us for at least 6 months.
· Business must be operational for at least 1 year
· Stocks must be assigned as collateral for loan
· Applicant must do an expected minimum annual turnover of GHs600,000
· Applicant must be in the approved sectors
Sectors
The loan applies to business owners in the following sectors:
Traders, Manufacturing, clearing Agents, Travel & Tours, Supermarkets and Stores, Agriculture, Healthcare (hospitals, pharmaceutical services etc.), Professional Firms, Fashion & Design, Importers & Exporters, Quick Services Restaurants/Lounges, Food & Drinks, Distributors & Vendors and Entertainment.
GUARANTEES
Bank guarantees-a form of securing the obligations of one partner to another on the basis of a contract concluded between two business partners. The bank undertakes to pay the amount provided by the guarantee in case of a written claim in accordance with the terms of the guarantee. The guarantee is not a payment instrument, payment under the guarantee is made in case of failure of the client to fulfill its obligations. When using a bank guarantee payment is made not in advance, and partially or after delivery.
Types of Guarantees
· Tender guarantee
· Performance guarantee
· Guarantee on the return of the advance payment
· Guarantee of payment
· Counter-Guarantee.