business loans   short term financing.fw

We have tailor-made solutions at competitive interest to enable you finance your operations of up to a maximum of 12 months.

We ensure your satisfaction by providing you with a dedicated Relationship Manager who will provide you with all the advisory services.

Our range of products include

  • Overdraft
  • Bridging loans
  • Revolving loans
  • Import loans/ pre-shipment finance
  • Supply Chain Financing
  • Emergency facilities
  • Invoice / Receivable discounting
  • Construction Finance
  • Commodity finance

Requirements


  • Application
  • Board resolution
  • Business registration documents
  • Profile of business and management
  • 3 years audited financials
  • Cash flow projections to cover the proposed period of repayment
  • Security preferably ‘cash back’ or landed property
  • Bill of lading for import/ export financing
FIXED DEPOSITSINTEREST RATE
30 DAYS
60 DAYS
91 DAYS
182 DAYS
365 DAYS
AmountRate (%)Rate (%)Rate (%)Rate (%)Rate (%)
1,001< 50,000 10.60 12.6 13.25 14.20 16.00
50,001< 100,000 10.80 12.80 13.30 14.30 16.50
100,001<300,000 10.92 12.92 13.38 14.40 16.80
300,001<500,000 11.20 13.20 13.40 14.50 17.00
500,000+ 12.00 13.30 13.50 14.60 17.20

 

ENERGY COMMERCIAL BANK LTD
INDICATIVE FOREX  RATES FOR 10 - JAN - 2018 
RATE BUY SALE
USD/GHS 4.2500 4.5800
EUR/GHS 4.4500 5.7000
GBP/GHS 5.2000 6.2000
GBP/USD 1.2900 1.3550
EUR/USD 1.1500 1.2100