Funding Sources

Sikamaster has a wide network of partners that guarantee a strong capital-adequacy performance, and a stronger funding position, with in-house funding partners covering the full share of loans, making us less reliant on external funding - fiscally-fit. We do not take and/or accept deposits from clients before lending.

There are no plans to accept deposits in the near or foreseeable future, for reasons not limited to;

• Client control of our growth strategies

• 'Short-termism' of most depositors and/or external investors

• Seeming get-rich quick mindset of most depositors and/or retail investors

• Accountability to diverse depositors and investors

• Attendant operational cost of providing fund management of diverse, mostly unsophisticated risk profiles

• Incompatibility of client deposits and our value-oriented loan portfolio construction strategies

• Ample in-house Capital Buffers

• Our preference for sustainable, reliable, patient, permanent & internal capital over unsustainable & unreliable pressure funds.

• Regulatory Burden - Rising cost of managing external capital or taking deposits

• Maturity intermediation and/or transformation risks (not limited to liquidity/tenure mismatch)

• The quest to build and/or grow a deposit/debt-run-proof independent direct lender

• Our preferred way of treating Non-Performing Loans (NPLs), at variance with that for deposit-taking lenders

 

 

If Sikamaster doesn't need deposits to make loans then where does the money come from?

Sikamaster Loans is a special asset class vehicle (global and well-diversified portfolio) of The DCANS Group. We lend our own funds as well as additional solid and reliable funding sources from in-house (sister companies and dedicated funds), giving us the flexibility to advance our objectives without the encumbrances of any external investor or depositor demand. Credit funds are always part of sister and/or group companies. A deliberate funding vehicle to sustain our growth, without ever having to accept and/or rely on client deposits or external investors to lend.

A dedicated group of diverse in-house financial providers (made up of hedge funds, private equity, proprietary shops, etc), including but not limited to;

• TDG MTN Yellow Save Cash Holdings (Passive Portfolio)

• TDG MTN MOP Holdings (Shareholders' Tier III Allocation)

• Other Tier III Shareholder Allocations (16.5% tax-advantaged class only)

• TDG Tactical Opportunities Fund (Passive Portfolio)

• DCANS Investments

• DCANS Capital

• DCANS FX Prop Desk

• DCANS Property Fund I & III

• TDG Specialised Accounts and Funds

• C57H (incl Credit Funds, Liquid Alts)

• CSCQ

• Special Group of 30 Selected In-House Notebuyers

• Moneyafrique (Settlement Account)

• OSFO

• The DCANS Group Prosperity Fund

 

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 (we don't lend to 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.

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). Fully compliant with AML and KYC regulations.

ALL Business Loans have been moved to GHStartups.com (a sister company). GHStartups.com 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 RentNowPayLater.net and RentToBuyGhana.com. 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).

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