Terms

  • 1

    Facilities ✅

    We give loans for working capital and low-cost fixed assets.

  • 2

    Amount ✅

    The maximum amount you can get is GH¢20,000.

  • 3

    Interest Rate ✅

    Interest rate ranges between 2.7 percent  and 4 percent depending on tenor.

  • 4

    Tenor ✅

    Maximum duration is 12 months.

  • 5

    Registered ✅

    The business must be registered and should have operated for at least 24 months.

  • 6

    Employees ✅

    The business must have at least 2 workers in full-time employment.

  • 7

    Revenue ✅

    The business must generate at least GH¢5,000 per month in revenue.

  • 8

    Cash ✅

    All new loans are disbursed between the 2nd and 7th of the month.

  • 9

    Repayment ✅

    Repayment begins not later than 42 days after disbursement.

  • 10

    Refinancing ✅

    Facilities with no default within the last 24 months may qualify for refinancing.

  • 11

    BlackZone ❌❌

    No facility shall be refinanced more than once within a 24-month period.

  • 12

    NovDec ❌❌

    We don’t give new loans or do refinancing in November and December.

  • 13

    Throughput ✅

    It may take about 96 hours (averagely) between application and disbursement.

  • 14

    Start ✅

    To begin the process go to START and submit the required info.