Frequently Asked Questions - All FAQs

Please select your question category

View all frequently asked questions

We offer instalment loans of up to 1 month and 3 months for first time borrowers and eligible returning borrowers have further options of 6 and 60 month loans.

We are a direct lender - If your application with us is successful then we are the company that lends you the money. Because we are a non-deposit taking direct lender and have direct control over our products and services, we have also been able to take innovative new approaches to the commonplace kinds of credit service offered by other lenders.

These innovations include a unique system whereby you can set a balance level at which you would like a transfer to be made directly to your bank account. Your available credit with us will then act as a safety net, automatically boosting your balance when you are close to going into an unauthorised overdraft or overdrawn, helping you avoid any unplanned borrowing charges from your bank.

You should only borrow from us if you are sure that you will be able to repay when payments are due. If you do not repay your loan on time, there will be additional interest and costs that you will need to pay.

Short term loans should not be used as a long term financial solution and if you already have concerns about your debt commitment, you should not apply with Sikamaster Loans.

You can apply 24/7 by completing an on-line application from your computer, mobile or tablet, which usually takes just a few minutes. Once you are approved you can use the service immediately, wherever you are and whenever you like. You only need to complete the application once and can then request loans without having to fill in any more applications. We will send you a text and email to let you know if you are approved.

After that you simply request your loan from your online account. We usually send money to your account within 15 minutes of your request. In some cases we may need to confirm your address and bank details against other documents such as your bank statement, passport or driving licence. If we need to do this, we will tell you what we need.


Returning Borrowers

To be eligible to apply, you must:

1. Have a valid Ghana bank account.

2. Be employed.

3. Be a resident of Ghana.

4. Be at least 21 years old.


When applying you'll also need to provide us with the following information:

1. Employment details.

2. Bank account details.

3. Income and outgoings/expenses.

4. Other Personal Information.

Yes. Less-than-perfect credit does not necessarily prevent you from qualifying for a Sikamaster loan. We understand that a credit score may take time to repair, even when you have been working diligently to erase past credit mistakes. That is why we use a variety of criteria to evaluate each customer, including their credit score and recent borrowing history. If you’ve had trouble with credit in the past but have worked diligently to improve your score, we may be able to approve you for a loan.

In most cases, we will be able to make a loan decision without additional paperwork. However, there are some instances where we may need some additional information regarding your income and employment. In this case, we will request you send the required documents so that our Loan Processing team can review them manually.

For some applicants, we may need to verify income. To help process your loan, we need a recent wage slip or equivalent income statement dated within the last 30 days. You can email or send a picture of this information.

You can check the status of your application online:

1. Log-in to your account home page.

2. At the top of your account home page you'll see information on the status of your current loan application

There are a number of factors Sikamaster uses to evaluate your application, including but not limited to: an applicant’s past borrowing history, credit report, identity verification, number of outstanding loans, income and existing financial commitments, as well as the validation of application details. If an applicant does not meet all or some of Sikamaster’s lending criteria for each of the above items, Sikamaster may decide not to approve their application. If your financial circumstances change, you may reapply again in the future. Please keep in mind that each application is recorded on your credit file; too many applications over a short period of time may be seen as a red flag.

Sikamaster Loans is able to offer personal loans to self-employed applicants. Sikamaster has helped many self-employed people achieve their goals with our competitive self-employed personal loans.

Personal after taxable income is used for calculating the capacity of self-employed applicants. In these cases we require verification and copy of latest tax clearance certificate and your latest financial statements showing two years trading results.

Self-employed applicants should also fit the following loan criteria.

• 21+ years of age

• Permanent resident of Ghana

• Non-residents on current work visa

• Adequate proof of identity

• Co-borrowers are permitted to join an application for a line of credit or a loan.

• Permanent or Fixed Address – either an owner/buyer/renter. This includes living with parents. Time in residence will also be used as a consideration in the credit assessment..

• Demonstrated Capacity to Service the Loan

At Sikamaster we offer you the choice of unsecured loans and secure loans. The advantage of a secured personal loan is that the rate on the loan is generally less than that charged for an unsecured loan.

An unsecured loan is obtained without the use of collateral for security. Normally, this means that the amount you can borrow is less and the interest rate charged is slighter higher than a secured loan. In the majority of cases the maximum unsecured portion of any loan is ghs25,000 (in addition to the Loyalty Account balance).

A secured loan is obtained with the use of collateral for security. Normally, this means that it will help you borrow more and reduce the interest rate you pay. Interest in items taken as security will be registered on the Bank of Ghana Collateral Registry System (CRS) until the loan is paid off.

Our lending supports individuals, families and businesses who work or reside in Ghana.Innovation and technology has enabled Sikamaster to cater to your needs wherever you live in Ghana. Sikamaster online loans are available through our website.

We offer physical locations, incl offices and loan shops throughout Ghana but our enhanced digital lending service allows you to apply for a loan application online and receive your loan funds without leaving the comforts of your own home or office or shop.

Our focus is on always enhancing customer experience and to deliver a service that is convenience to you whether it is in one of our physical locations or through our centralised team. We offer an experienced Contact Centre to help you no matter what your needs are.

Once you have submitted your application form, one of our team members will review your application and be in contact within the next working day to finalise your application. We may require extra supporting material to make a decision on your application.

In most cases, your application will be processed within 30 minutes from the time it has been received. Loan approval depends on satisfactory completion of identity, credit and affordability checks. If approved, funds will be sent to your bank account within 10 minutes of approval. Once you have completed a loan application, Sikamaster will send you updates via email.

Generally, the earliest you may apply for a new loan depends on your previous loan's repayment method and is subject to affordability checks in accordance with Sikamaster’s responsible lending policy.

Example: Your repayment date is Friday and your full payment comes out of your account on that day. If the loan was repaid via Mobile Payment, you may be able to apply for another loan on Friday. If the loan was repaid via Direct Debit, you must wait until Wednesday before you are able to apply for another loan.

Can be multiple, so long as it's supported by income levels and front-end' debt-to-income ratio.

Yes, you have the right to withdraw from your loan agreement within 7 days of signing your agreement. If you withdraw from the loan, you must return any money we have provided to you, plus accrued interest. You can withdraw from your loan by emailing us at

Yes. If your application is approved on a weekend, your funds will typically be sent to your bank account (in some occasions via mobile payment) within 10 minutes after approval.

Yes. We run credit-application checks with credit reference agencies to verify your application information and to help us determine whether your application will be approved or declined. Credit checks also help us determine the amount of your loan offer, if approved.

Important Notice: When we run a credit-application check, it will leave a footprint on your credit report. Footprints themselves are not negative, but if a credit report shows that many searches have been done in a short period of time, it could be seen by lenders or others as a sign of identity fraud or great financial need.

Top-Ups allow qualified borrowers to borrow more money on top of their current loan. You may apply for a Top-Up before paying back your original balance. If approved, your current loan will be rolled into the new loan. The additional borrowed amount will be added to your current outstanding principle balance and you will accrue daily interest on your total outstanding principle.

If eligible to apply for a Top-Up, the maximum amount you are eligible to apply for is displayed on your Account Home page. Keep in mind that your new loan (previous unpaid principal + Top-Up) can total no more than 50% of the total debt-to-income (DTI) for individual borrowers, and 70% for couple applicants and company Profit-after-tax. Your actual Top-Up amount is subject to approval.

After you take a Top-Up, your new loan amount will be a combination of your new money plus the outstanding loan balance and any unpaid interest on your old loan. As with your original loan, you will pay interest on the total outstanding principle until the end of the loan term. Also remember that there is no early settlement or processing fees when you take a Top-Up.

If eligible, you can apply for a Top-Up right from your Account Home page. If we can offer you a Top-Up, a “Need more money?” window will appear on your home screen. Click the “Apply For Top-Up” button to submit your application.

If approved, the money will usually be sent to your bank account 10 minutes after approval.

Each application for a Top-Up is considered individually at the time of application. When reviewing a Top-Up request, we consider factors including your credit, income, previous repayment history and the affordability of the new amount given your current circumstances. We may decline you based on these or other reasons. Even if you have been approved for a Top-Up in the past, your current information might lead us to decline a new request. Conversely, if you have been declined for a Top-Up in the past, you may be eligible to apply for a Top-Up if your circumstances have improved.

Interest rates vary for each loan type, and are determined by perceived degree of risk, market conditions, lender sentiment and other factors prevailing at the time of the loan agreement, therefore loan interest rates can only be determined shortly before the loan agreement is closed.

The loan repayment period is determined by a number of factors including purpose of loan, project scale (if business applicant), projected return on investment and other economic indicators. The loan repayment period therefore can only be determined after we have performed a comprehensive analysis. However, we offer flexible terms from as short as 7 days to as long as 30 years depending on the type of loan, location, loan amount and risk factors etc.

Payday loan is a relatively small amount of money lent at a high rate of interest on the agreement that it will be repaid when the borrower receives their next wages or salary.

It is important to note that payday loans are traditionally repaid in full on the borrowers next payday. However, there is an option of spreading out repayments over two or more months via our personal loans option and not a payday loan. Personal loans are more accurately classified as short term non-business loans.

If you are living on a very tight budget, any extra expenses are difficult to cover. We’re not talking only about the lowest-earning members of the population; research has shown that the majority of borrowers actually have a net household income of over GHs12,000.

So why would they turn to a payday loan?

Ideally, everyone should have an emergency fund, stocked with ready-to-use money that should cover most financial emergencies. It’s not for a spur of the moment holiday to the beach, it’s for car or appliance repairs, emergency medical bills, and other similar situations.

But what happens if you don’t have one, or if you’ve just used it up for something else? In that case, you don’t have many options. Most conventional loans are for large amounts and last for longer periods. If you only need a small amount for a few weeks, you may not want to go through the arduous process of applying for a longer-dated loan. If you can borrow on your credit card, that’s great, but remember – taking out cash from a credit card account is very expensive.

But what if you don’t have a card, or it’s maxed out? If you don’t have anyone who will lend to you, you may be well and truly stuck.


When someone takes out a payday loan, do they understand what they are signing up to? Or are they then caught unaware when the payments are due? One way of investigating this is to look at whether borrowers are managing to meet the repayments.

A Personal Loan is credit you can apply for that is either secured or unsecured.

The Loan Agreement you enter into thereafter, requires you to repay the loan, with interest, for the agreed timeframe until it is fully repaid. We provide personal loans from GHs500 to GHs50,00 and from 3 months to 24 months.

No faqs found in this category
No faqs found in this category

We fund businesses registered with the Registrar Generals Department only, be it sole proprietor or limited companies and LLPs registered in Ghana. Qualified applicants can apply for a loan of over GHs1,000 up to over GHs50m (subject to other factors).

To be considered for funding, your business or company needs to have been actively trading for at least three months and have a minimum monthly turnover of GHs5,000. We can lend up to a maximum of two months' revenue (for unsecured loans), so if your typical monthly revenue is GHs10,000, we'll be able to lend up to GHs20,000.

Unfortunately we're unable to lend to businesses based outside of Ghana. We also can't lend to foreign businesses or oversees companies that trade in Ghana.

It's certainly worth applying for a Sikamaster business loan if you've failed to get approved elsewhere. Many businesses who are turned down for a typical bank loan find that they are in fact eligible for an alternative business loan. This is down to the fact that alternative lenders value slightly different criteria compared to banks when underwriting a loan.

Yes. We demonstrate that by lending exclusively via a dedicated outfit - GHStartups.

We lend to companies across many industries, including retail, construction, manufacturing and property, amongst many more. If you want to know more about how we can tailor our funding to the sector or industry your business operates in, feel free to email our team from your business email address.

We take several factors into account when assessing the strength of an application. Credit history (of all the company directors) makes up part of our analysis, but we also look at other aspects, including the business' trading history and affordability. We'll also look at if any company directors have any Court Judgements.

We try to say 'yes' to as many businesses as possible. However, as a responsible lender, we'll only lend if we believe the business can afford the repayments and that it'll benefit the business.

We offer unsecured loans of up to GHs250,000 for 1-60 months and secured loans of up to GHs50m+ for 1-20 years.

A secured loan will require you to put up a property as collateral against the loan. You don't need to provide such security for an unsecured loan, but we will require a personal guarantee from at least one director or shareholder in the business on any loan that you take out with us.

We offer competitive interest rates starting from 2.0% per month with no hidden or early repayment fees. In fact, if you repay early, your interest will be recalculated so that you only pay for the time you had the loan. This has allowed our customers to save an average of 44% on their total interest when they repay early.

Many of our customers use their Sikamaster business loan to improve their overall cash flow or to facilitate business expansion and growth. Some simply need the working capital to help fulfil customer contracts, whilst others may use it as a means of completing a management buy-out. You can take a look at some of our customer case studies to understand exactly how our loans have helped small businesses across Ghana.

Depending on your needs, you may be able to take the amount that we offer initially and then top up your loan after a few successful repayments.

Our team of relationship managers handle the underwriting of your loan application. Having a single point of contact means we can approve your application quicker.

You'll be assigned a dedicated relationship manager once your application passes our initial checks and they will remain your point of contact throughout your loan term - even if you come back for another loan in the future.

We offer industry-leading flexibility and first-class customer service. You can also read our in-depth customer case studies to understand exactly how we help businesses thrive.

Each of our loans comes packed with flexible features as standard, including top-ups and repayment holidays, and there are no hidden fees or early-repayment penalties. Plus, all of our customers are given access to exclusive discounts on market-leading business tools from our network of partners – just log in to your Sikamaster Member Area to redeem the discounts and offers best suited to you.

We require a personal guarantee from at least one director or shareholder in the business for all of our loans. A personal guarantor is a commitment from a business owner to pay off a loan if their business defaults on its payments.

For secured loans, we may seek an equitable charge over your personal or commercial property. We may also need additional security in the form of a debenture depending on the state of your business.

We aim to approve loan applications on the same day as they are submitted with all supporting documents, and at the very latest within 48 hours.

If you provide all the information we need in a timely manner, we can also have the funds with you within 48 hours of receipt of your application.

There are absolutely no upfront loan application fees. Loan fees are only deducted from loan, and you'll also simply be charged the interest on your loan. We also don't charge any early repayment fees, and you can save on interest if you repay early.

The amount a business can borrow is based on their turnover, our assessment of their financial condition and how much they request. Our lines of credit and business loans start at GHs1,000 and can go up to GHs50m.

We understand that firms need access to working capital for many different reasons, and that commercial circumstances can sometimes change quickly. Once a business loan is approved, it’s the choice of the business how it makes use of those funds.

Because the application process is online, and much of it involves only uploading financial reports, an application can be completed in around fifteen minutes. If approved, notification is given within one working day, from which point the funds are available to draw down.

No faqs found in this category

No. We are interested in funding cases of all sizes, although we have particular expertise in funding low to medium value cases (GHs100k to GHs50m in value)

Sikamaster is able to assist corporates, individuals and liquidators of failed businesses or investors with locked up funds.

In order to properly to assess the risk, we like to see and evaluate the following items before a decision can be reached:

• The principal documents relied on in the case.

• Any witness statements that have been prepared.

• Any Court documents that have been filed.

• A written legal opinion dealing positively with the merits.

• Any pre-issue correspondence exchanged with the defendant.

• A written estimate of the costs to be incurred in pursuing the claim.


However, we do recognise that, depending on the stage the preparations of the case have reached, some of these documents might not be immediately available.

The obvious advantage of litigation finance is to transform the bargaining power of financially challenged or impecunious claimants against better-resourced defendants. Sikamaster helps provide those taking action against large companies with the resources needed to fight a protracted legal battle.

Claimants who have the ability to self-fund benefit from sharing the cost risk of the litigation and having an expert investor confirm that the case is financially viable.

Yes, Sikamaster can provide funding for all or part of the costs of an action depending on the needs of the claimant.

As the funding is currently as a recourse investment in the litigation, should the case lose then you repay just like you would pay back a loan to Sikamaster.

Sikamaster requires repayment of all deployed capital and payment of the pre-agreed fee on each successful case. The payment of these amounts will be handled by your solicitors as instructed in our agreement.

Sikamaster would expect to make an offer of funding, on acceptable cases, within 10 working days of the receipt of a complete application.

Sikamaster does not have control over the case and does not have the right to make the claimant accept or decline a settlement offer. The claimant will retain ultimate control of their case.

If you will not be able to repay the amount due on your next repayment date, please contact us immediately. Depending on your situation, we maybe be able to offer you a due date adjustment, an extension or a fixed repayment plan. Here's how each option works:

Due date adjustment: If you are certain you can make your payment within a few days of your due date, we may be able to postpone your repayment date by up to 3 calendar days. This adjustment can be made no more than once per loan.

Extension: If you need more than a few extra days to repay your loan, you may be able to apply for an extension. You can see if you're eligible to apply for an extension by logging in to your account. If your extension application is approved, the interest you accrued on the original loan must be paid on the original repayment date. The repayment of your loan principal will then be moved to a later repayment date. On this new repayment date, you will repay the loan principal along with additional accrued interest. Because you will pay additional interest on your outstanding principal, extensions are granted solely at our discretion, based on whether we believe you will be able to repay the extension without undue difficulty. You may apply for a maximum of two extensions per loan.

Fixed repayment plan: If you are in severe financial hardship, you should contact us immediately, as we may be able to provide you a fixed repayment plan.


Important notice: We may be unable to offer the above options unless you contact us in a timely matter.

We will guide you through setting up repayments before we deposit the funds.

The easiest way to repay your Sikamaster loan is by setting up a standing order or direct debit with us. However, if you wish to make overpayments or settle your loan early, you can also make payments by bank transfer or mobile money payment.

You can make overpayments online for free via your Sikamaster Member Area. If you want to make a large overpayment, or pay off your loan completely, kindly email us first.

With Sikamaster, you can repay your loan early free of charge. We'll even recalculate your interest so that you only pay for the time you had the loan.

If you have any questions about early repayments, kindly contact us.

If you want to pay off your loan completely, kindly contact us.

At Sikamaster Loans, we understand that your financial circumstances can change in an instant. If you know that you won't be able to repay your loan amount on your payment date, you should contact us immediately so that we can do our best to help set up payment arrangements that work for you. If your loan payment is dishonoured, returned, unpaid or otherwise missed, you may be charged a late fee of up to ghs50.00.

We may also charge you default interest on any outstanding principal at the same daily interest rate as your contracted interest rate, beginning on the first calendar day after the repayment date. Missing payments can make it more difficult and/or expensive for you to obtain credit, and such missed payment may adversely affect your credit report. In addition, if you default under a loan agreement, we may commence legal proceedings. You may be required to pay us the reasonable expenses and costs we incur in those legal proceedings or in attempting to enforce our rights against you under the loan agreement.

Log in to your Sikamaster Member Area to take a look at your personal repayment schedule. If you have any questions, feel free to contact us.

To update your bank account number, ezwich card details or Mobile Payment details or Direct Debit details, please contact our Customer Support Team via email, or by live chat. Please note that we cannot update this information via email. We would call you from our main phone numbers instead.

To update your personal and employment information, please do the following:


1. Log in to your account using the Customer Log-in fields at the top of the screen.

2. Click on the corresponding link of the information you need to change under the “Account Details” header.

3. Make the change and click “Update.” Please note that some information cannot be updated unless you contact our Customer Support team

We only provide login details to clients after we have received your first complete loan application.

To reset your password, click the "Log-In" button on the top of the page. Then:


1. Enter your email address and click "Forgot your email or password?"

2. Check your email for a temporary password.

3. Log in to your account with the temporary password and update your password when prompted.


If you’re already logged in to your account and would like to change your password, simply click on the “Change Password” link on the Account Home menu.

To ensure you receive important emails from Sikamaster, please take a moment to add our email address ( to your address book, or to your spam "good list” or “whitelist.” Sometimes new email spam filters incorrectly categorise messages from Sikamaster as “unsolicited” and redirect them to a spam, bulk or junk email folder, or even delete them altogether. Read on for instructions on how to add Sikamaster to your address book in Outlook and Gmail:

Outlook instructions

Gmail instructions

When you first make a successful application online with all supporting documents, you're provided with your login details and you can access the Sikamaster Member Area using the email address and password provided.

If you are having problems accessing your Sikamaster Member Area, it could be one of two things - you do not qualify to use our services and we recommend taking steps to meet our requirements. If you've forgotten your log in details, you can reset them by clicking the reset password link.

You can update your contact preferences and other personal information via your Sikamaster Member Area. Take a look at our guide if you want more information on how to manage your account.

You can activate your member offers by logging in to your Sikamaster Member Area, clicking on the 'Member Offers' tab and hitting the 'Show me the offers' button, which will activate your offers.

From there, you'll be able to browse through the offers, select the offer that appeals to you by clicking 'View' and hitting the orange 'Redeem' button to access it.

Our silver offers are accessible to anyone with a Member Account, while gold offers are reserved for our customers who have an active loan with us.

Sikamaster Loans is anon-deposit taking no upfront fee Ghana-based direct lender.

We provide finance to individuals, and businesses that traditionally would have gone to their bank for a loan. Today these firms want a quicker, more versatile approach to borrowing, which we provide through an online application and a fast yet robust approach to credit analysis and loan approval. Our rigorous solution gives us the confidence to offer both unsecured and secured loans.

Sikamaster Loans takes the protection of our customers’ information seriously. We employ a number of technologies to protect your information, including VeriSign and McAfee, among others. To protect yourself against potential scammers who might present themselves as Sikamaster Loans or another lender, remember you should:

• Never make any payments over the phone unless the details of your original loan can be confirmed.

• Never provide personal information in response to an unsolicited email or call.

• Never respond to suspicious emails that request personal information.

• Check your account regularly for suspicious activity.

We collect and hold personal information about you so that we may provide you with our products and services; review and meet your ongoing needs; provide you with information we believe may be relevant or of interest to you; let you know about other products or services we offer; send you information about special offers or invite you to events; consider any concerns or complaints you may have; comply with relevant laws, regulations and other legal obligations; and help us improve the products and services offered to our customers and enhance our overall business.

We may use and disclose your personal information for any of these purposes. We may also use and disclose your personal information for secondary purposes which are related to the primary purposes set out above, or in other circumstances authorised by the Data Protection Act. Sensitive information will be used and disclosed only for the purpose for which it was provided (or a directly related secondary purpose), unless you agree otherwise or an exemption in the Data Protection Act applies.

Please check out our Privacy Policy and Security page for more information.

Sikamaster abides by the Data Protection Act 2018 (‘Data Protection Act’) and all other relevant Ghanaian data protection and privacy laws, and complies with rules laid down.

All data electronically transferred between you and Sikamaster is encrypted, using one of the strongest forms of encryption available commercially. We are committed to keeping your data safe.

We do not take deposits or hold clients’ money or accept investments from the public. We are not a Specialized Deposit Taking Institution and do not require Bank of Ghana (BoG) regulation. All our loans are funded from private in-house sources.

However, there are ongoing processes to be voluntarily regulated as a non-deposit taking direct lender, not to start taking deposits but to gain access to vital national databases key to our integrated lending platform.

You may report complaints in reference to Sikamaster loan products, policies or services via the Sikamaster Member Area only.


Here’s how we process complaints:

1. Upon receipt of your complaint, Sikamaster will assign an issue number, review the report, and do our best to resolve the problem via email response by the end of the next business day. If we can't do this, we will send you a prompt written or electronic acknowledgement with information on who is dealing with your complaint.

If you are not satisfied with our response, you may appeal the decision. We ask that you please state your objection(s) to the previous decision and include any new evidence to be considered.


2. We will negotiate with you and send you our full response within eight weeks (if not earlier) of receiving your complaint.

You can contact us via any of the channels here.

Sikamaster Loans is an online-first non-deposit taking, no upfront fee direct lender. You first have to meet our requirements clearly stated on this website, apply and submit all supporting documents before we can schedule an in-person appointment.

This platform has been configured to block all emails from any of the free email service providers, including but not limited to - gmail, yahoo, hotmail, rocketmail, etc. Learn more here.

Our main phone number 0244 177 425 is configured to only make phone calls and not receive. If you submit a complete application as a qualified applicant and we need to speak with you, we would call you ourselves from this main line.

Only existing customers with Sikamaster Member Area Login Access can book an appointment now.

You may report complaints in reference to Sikamaster loan products, policies or services via the Sikamaster Member Area only.


Here’s how we process complaints:

1. Upon receipt of your complaint, Sikamaster will assign an issue number, review the report, and do our best to resolve the problem via email response by the end of the next business day. If we can't do this, we will send you a prompt written or electronic acknowledgement with information on who is dealing with your complaint.

If you are not satisfied with our response, you may appeal the decision. We ask that you please state your objection(s) to the previous decision and include any new evidence to be considered.


2. We will negotiate with you and send you our full response within eight weeks (if not earlier) of receiving your complaint.

Quick Notice

Sikamaster, is a 24/7*365 well-capitalised internet first, forward-thinking, safe, robust, resilient, smart & responsible direct lender for the working class (we don't lend to the unemployed). 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. SML does not charge any upfront fees before lending. The Bank of Ghana (BoG) does not regulate some forms of no upfront fee non-deposit taking financial services, buy to lets, seller financing, commercial mortgages, secured loans, unsecured loans, earned wage access schemes, buy now pay later products, bridging loans, trusts, overseas mortgages, and conveyancing or debt management.

Rolling out a secured, safer, convenient, revolutionary automated self-care, ethical, no upfront fee, non-deposit taking direct lending platform in phases (three phases remaining).The information contained within this website is subject to Ghana regulatory regime and is therefore targeted at customers based in Ghana. Fully compliant with non-offer of regulated products, AML and KYC regulations.

All Business Loans have been moved to (a sister company). provides loans to all kinds of businesses, be it large or small and not necessarily startups alone. All Rent Loans have also been moved to and All Construction Loans have been moved to Build Now Pay Later. All Auto Loans have been moved to Glostar Motors.

All Buy Now Pay Later (BNPL) Loans (incl interest-free and interest-bearing) have been moved to DCANS Pay (a sister company).

We're Social