Import Business Loans

If you're importing goods, our tailored import finance could help you improve cash flow, negotiate better terms with suppliers and pay them more promptly.


How does it work?

• Sikamaster Loans provide you with short-term, trade-related working capital for your international purchases on a pre-shipment or post-shipment basis

• We pay your suppliers directly (via an Letter of Credit, LC, from our banking partners) based on the invoice and transport documents

• Loans can be provided on a stand-alone basis for open-account transactions, or coupled with LCs or Import Collections where you have a post-shipment funding gap

• Provides funding based on your trade cycle

Can be arranged in any major currency


Import Letters of Credit

• If you import goods, protect both yourself and your supplier with an Import Letter of Credit, a secure payment method for settling international trade

• Provide your suppliers with more security of payment

• Use it to negotiate better terms, such as increasing the credit period


Import Collections

• After the goods are shipped, your supplier presents shipping documents such as invoices, insurance certificate and bills of lading to their bank, along with their payment instructionsThe supplier’s bank then forwards them to your bank for payment.

• Your bank acts on behalf of the supplier's bank to collect payment from you - or a promise that you will pay at a later date if that's what you've agreed with your supplier.

• A promise to pay usually involves you accepting a Bill of Exchange




• For use with letters of credit, import collections and stand-alone open bank account transactions with regulated partner banks.


• Maximise your working capital• Pay your suppliers more promptly to negotiate better terms



• They improve your cash flow by bridging the gap between the time when you must pay for imported goods and the time when you receive payment for selling them.

• They enhance your bargaining power with overseas suppliers, because you’re able to agree to faster payment terms.

• They enable you to pay suppliers promptly, building your business credit rating and reputation



Business website mandatory

• Business be registered - either as a sole proprietor or limited liability company.


Fees & Charges


Repaying Your Loan


How to apply

Kindly complete an online application here.

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.