Instant Business Loan

The Instant Business Loan (IBL) is a scheme that seeks to provide a quick funding for SMEs with short term funding needs.

The Instant Business Loan (IBL) is a scheme that seeks to provide a quick funding for SMEs with short term funding needs. Secure up to GHS 500,000 to grow your business.


Features

  • Tenor: Up to One Hundred and Eighty-Two (182) Days with Monthly Repayment. 
  • Management Fee: 3% Flat. 
  • Loan Protection Fee: 0.5% Flat. 
  • Interest Rate: Subject to prevailing market conditions.

Requirements

  • Must have an account with us for at least 6 months.
  • Business must exist for at least 1 year.
  • Stocks must be assigned as collateral for loan.
  • Applicant must do an expected minimum annual turnover of GHS 400,000.
  • Applicant must be in the approved sectors.

Get in touch with our us

LET'S HAVE A CHAT OR SEND US AN EMAIL HERE

You can also call our Numbers:

+233 (0) 30 274 2699, Toll Free: 0800 00 4400


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