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Loan Amount

  • Gh¢50,000 – Gh¢10,000,000. Larger amounts can be considered on a case-to-case basis
  • US$ 1 Million – US$ 500 Million. Larger amounts can be considered on a case-to-case basis

Loan Term

  • 1 year to 15 years
  • The Loan can be refinanced at the end of the term as long as the security/bank guarantee is still in place

Interest Rate

  • For Cedi Loan: 2% – 3% flat payment. Paid to the lender when offer letter is ready
  • For US$ Loan: Paid to the lender. The cost is dependent on the lender

Commitment Fee

  • For Cedi Loan: 24% per annum to 32% per annum. This is dependent on the risk associated with the business and the prevailing policy rate. (Repayment is monthly or scheduled to suit applicants inflows)
  • For US$ Loan: 4% per annum – 10% per annum. This is dependent on risk associated with the business & prevailing LIBOR rate. (Repayment is annually or scheduled to suit applicants inflows)

Engagement Fee

  • For Cedi Loan: Gh¢3,000 – Gh¢10,000 depending on the loan amount
  • For US$ Loan: US$2,000 – US$10,000 depending on the loan amount
  • NB: Preparation of additional information apart from the applicant’s document comes with extra cost.
  • Issue post-dated cheques payable once a guarantee of funding is established.

Arrangement Fee

  • Paid to the lender
  • This usually is dependent on the lender
  • It is deducted from the loan amount before disbursement

Broker Success Fee

  • 3% to 6% of the loan amount
  • Paid to the loan broker after the first tranche of disbursement
  • Post-dated cheque is issued to the broker after the execution of mandate letter and Non-Circumvention, Non-Disclosure Agreement
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