Merchant cash advances provide small businesses on our platform with an alternative to other financing, like traditional bank loans.
HOW IT WORKS
This is not your typical business loan you would get from a traditional bank. Your business must not be on our prohibited business list.
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FEATURES
• Fast access to cash
• Loan amounts: GHS2,000 - GHS800,000 (You can borrow up to eight times your most recent sales figure)
• Interest rate: 20-30% p.a.
• Turnaround time: 7-30 days
• Repayment Period: 3-24 months
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REQUIREMENTS
• Your business must be registered and operating
• You must have a business bank account with any of the 23 BoG-regulated universal banks
• You must have integrated our Buy Now Pay Later (BNPL) payment option into your business, to enable us take part or all due repayment amounts from your sales.
HOW TO APPLY
Simply login and complete an online form here.