Qualifying Criteria - Businesses

What are the minimum qualifications for a loan?


You could qualify for a loan from us if you meet the following criteria:

To qualify for a business loan of any kind or type,

✓ You business must be registered at the Registrar General's Department (RGD)

✓ TIN of all Directors and/or Shareholders aside that of the Business itself

✓ Your business must have operated for a minimum of 2 yrs

✓ Your business must have a Business Bank Account with any of the 23 BoG-regulated universal banks

✓ Valid Tax Clearance Certificate

✓ Proof of Filed Business / Company Accounts

✓ Your business must have website for the business.

Note: The above business requirements are for 2yr+ businesses. All startups and/or businesses less than 2yrs are to seek funding from our sister entity, GHStartups.

If your business is more than 2yrs but cannot meet the basic requirements above, then you do not qualify to borrow from us.


Meeting the minimum qualifications does not guarantee you will be approved. Every application is assessed individually.



Useful Links

• Application Documents

• Supporting Documents

• Credit Checks

• How to Apply

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.

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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.
Please read Terms & Conditions, Cookies Policy, Privacy Policy, Data Retention Policy, & Modern Slavery Policy before using this website or our service.
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.