Access Bank Finance Options

TERM LOANS

We offer you term loans to finance acquisition of fixed assets like: Plant, Machinery, and Buildings.

Features

Tenors to match your cash flow. Attractive pricing. Benefits

Easy access to Financing at cheaper rates .

OVERDRAFT

Overdraft is a form of working capital finance used to finance a company’s operations.

Features and Benefits

Tenured for one year Competitive interest rates Frees your cash flow INSTANT BUSINESS LOAN

The growth of your business means a lot to us. That is why we are making it possible for you to have instant access to funds to expand your business.

Benefits

· Enjoy up to a GHS100,000 loan facility

· Flexible repayment terms

· Competitive interest rate

· Loan in 48hrs

Eligibility

· Must have an account with us for at least 6 months.

· Business must be operational for at least 1 year

· Stocks must be assigned as collateral for loan

· Applicant must do an expected minimum annual turnover of GHs600,000

· Applicant must be in the approved sectors

Sectors

The loan applies to business owners in the following sectors:

Traders, Manufacturing, clearing Agents, Travel & Tours, Supermarkets and Stores, Agriculture, Healthcare (hospitals, pharmaceutical services etc.), Professional Firms, Fashion & Design, Importers & Exporters, Quick Services Restaurants/Lounges, Food & Drinks, Distributors & Vendors and Entertainment.

GUARANTEES

Bank guarantees-a form of securing the obligations of one partner to another on the basis of a contract concluded between two business partners. The bank undertakes to pay the amount provided by the guarantee in case of a written claim in accordance with the terms of the guarantee. The guarantee is not a payment instrument, payment under the guarantee is made in case of failure of the client to fulfill its obligations. When using a bank guarantee payment is made not in advance, and partially or after delivery.

Types of Guarantees

· Tender guarantee

· Performance guarantee

· Guarantee on the return of the advance payment

· Guarantee of payment

· Counter-Guarantee.