Business Growth Hub

Practical ‘how-to’ guides to support Ghanaian businesses

Added: 10/06/2020 Posted in: COVID-19 Resource 1 view (s)

Building Your Business Credit Profile To Access Finance.

SMEs are the growth engines of all economies. Having access to finance remains the number one challenge of most SMEs.

Next to this is the cost of finance – interest rates; often very high due to the risk of default aside capital.There are three crucial

things that banks and other creditors seek when evaluating the creditworthiness of a loan applicant are:

i. Capacity/Ability to repay

ii. Willingness/Natural Inclination/Propensity to repay

iii. Character 

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Demonstrate your commitment to local businesses and building capacity by submitting a guide or interview for the 'Business Growth Hub'. Contact us for further details.

Become a member of the African Partner Pool and ensure that your company can find and be found by suppliers and buyers looking to do business in Ghana.

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