Secured Loans

Secured loans typically have lower interest rates because the loan is less of a risk for us due to the collateral required.

Secured loans might be a good choice if you have personal assets such as equity in your home or any other assets that can be used as collateral. Keep in mind, with a secured loan, the lender can take possession of the collateral if you don't repay the loan as agreed - If the borrower defaults, the we can convert the assets to cash to be repaid



Collateral required

• Lower interest rates

• Larger Loan amounts: Up to GHS 50m

• Better lending terms

• All our secured loans are recourse



• Collateral must be registered with BoG's Collateral Registry system. Websites used as collateral are excluded from this requirement.

• Proof of identity of Individual, or Shareholders (if business)

• Proof of address of Individual, or Shareholders (if business)

• Budget for loan amount requested

• Repayment Plan


Types of Secured Loans

All loans not listed in our Unsecured Loans category are considered secured loans and recourse.

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.
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.