Acceptable Collateral

"There is no art to find the mind's construction in the face".... No Fear Shakespeare - Macbeth (Act I, Scene 4).


The loan doesn’t need to be 100 % collateralized, but it will be easier to get the loan the more business and/or personal collateral you bring to the table. Not all our loans require you to provide a collateral (as will be stated in the loan type you are applying for), but if required to do so, any of the following may be acceptable:

A. Intangible Assets

i. Company / Business / Organisation website or cloud-hosted solutions

ii. Shares and Bonds


B. Tangible Assets (Physical)

• Commercial Investment properties

• School Buildings

• Hotels / Guest houses

• Pubs / Restaurants / Franchises

• Factories & Warehouses

• Farms/farm land (registered in borrower or guarantor's name)

• Land with/without building permit (registered in borrower or guarantor's name)

• Residential property & property portfolios

• Any Leisure Property

• Owner occupied (Industrial Units, Offices, Retail Shops, Hospitals/Clinics, Other Professional Practices, Business Premises, Private schools)

• Any personal goods such as but not limited to any of the following, that is of any value above the loan amount being requested - computers, phones, household appliances, etc

• Accounts Receivables

• Inventory


Unacceptable Collateral

• Mere talk

• Moral Collateral


Note: Not all our loans require you to provide a collateral, but we are unable to lend without a collateral if your loan type requires one and you don't provide it. And collateral must be registered with the Bank of Ghana's Collateral Registry System.



• All collateral must be backed with valid proof of ownership before it can be accepted to lend against.

• All collateral, except immovable ones and commercial vehicles with assignable claim rights to us, will be in our possession as a condition for any disbursement.

Useful info

Sikamaster, is a 24/7*365 well-capitalised internet first, forward-thinking, safe, robust, resilient, smart and responsible direct lender for the working class and modern and/or scalable small, medium & large businesses, including startups.

SML is not; a microfinance institution, and neither a savings & loans company or a Specialised Deposit-taking Institution (SDI) of any form, kind or type. SML does not seek and/or accept outside capital.

Rolling out a secured, safer, convenient, revolutionary automated self-care, ethical, no upfront fee, direct lending platform in phases (three phases remaining).

Fully compliant with AML and KYC regulations.

We're Social


Ghana's 24/7 Direct Financing Hub

Not all our loans require a collateral - But if your loan requires one, any property used as security (which may include your home or pensions and/or business assets, or personal guarantees) may be repossessed if you do not keep up repayments on a loan or any other debts secured on it. Our Repayment Assistance Programme is available to qualified borrowers only.
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All loans are subject to affordability, applicant verification, traditional credit checks and TDG Scoring via various national databases in accordance with Sikamaster''s responsible lending policy. If you're not sure whether Sikamaster Loans lending is right for you, please seek independent financial advice, and if you decide to borrow from us, please read our How We Operate before you proceed.