Commercial Mortgages
Commercial Mortgages are one of over 14 financing options available with us for businesses based in Ghana. A commercial mortgage is a loan taken out on a commercial real estate property with the property in question serving as collateral. The borrower must be incorporated as a limited company.
We offer commercial mortgages to established, growing or new businesses. Our packages feature flexible customized payment options to help your business add value, increase market share, and improve profits. Can be used to acquire office or working spaces for your business. Available to existing businesses with valid login credentials on this platform.
Features
• Qualified properties should be an existing commercial property (office space, shops, warehousing, some other industry space or a residential facility you want to use for commercial purposes). If you're looking for a construction loan to build a new commercial property see our Build Now Pay Later loan product.
• No Upfront Loan Application Fees.
• Valuation/Appraisal fees may be required upfront by an independent professional - Making payment of this third-party fees does not guarantee lending
• Typical loan amount within $50,000 and $5m
• Typical Rates: 7.00% - 14.00% p.a.
• Repayment Period: 2-20 years
• Maximum LTV: 90%
• No Early Repayment Charges (ERC)
• You need to be an existing customer of ours before you can login onto our platform, complete an online application and submit same.
Eligibility
• You must have a registered business. Currently only restricted to Limited Liability Companies
• Must have been operating for at least 2yrs
• Must have filed your annual returns and audited financial statements.
How to apply
Kindly complete an online form here.
Got Question? See our Commercial Mortgage FAQs.
A MORTGAGE IS A LOAN SECURED AGAINST YOUR PROPERTY. ANY PROPERTY USED AS SECURITY WHICH MAY INCLUDE YOUR HOME MAY BE REPOSSESED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
We accept no responsibility for any representations made by an employee or agent of the lender (us) or any other person unless these are incorporated in the offer of loan or are subsequently confirmed by the lender in writing.
We accept no responsibility for any representations made by an employee or agent of the lender (us) or any other person unless these are incorporated in the offer of loan or are subsequently confirmed by the lender in writing.