Credit facilities tailored to how you earn.

Every rate, processing fee, and early liquidation term is published in writing before you apply. Choose between check-off salary loans or tiered SME working capital.

Loan Products & Transparent Pricing

Designed around how you earn, not generic algorithms.

Every rate, processing fee, and early liquidation condition is fixed upfront in writing. Choose between our Salary Loan or Tiered Business Working Capital.

For Salaried Employees

Salary Loan

For employees on a verifiable payroll. Fast approval, with repayment structured around your monthly salary cycle.

Features & Terms

Loan sized directly to your net monthly salary

Repayment by payroll check-off deduction or bank standing order

Credit decision typically within 24–48 hours

No physical collateral required beyond salary assignment

Predictable fixed monthly repayment schedule

Documents Checklist

Valid national ID (Ghana Card, passport, or voter ID)
3 most recent payslips certified by HR/Payroll
6-month bank statement or employer salary confirmation letter
1 passport photograph and proof of residential address (GPS / Digital address)
1 Guarantor with valid national ID & proof of employment/residence

Published Pricing

Salary Loan Rate & Fees

Calculated on straight-line flat basis as per Bank of Ghana disclosure standards.

Annual Interest RateFlat 4% per month

48%p.a.

Processing FeeOne-off deduction upon disbursement

Pre-liquidation ChargeOnly on remaining outstanding balance

0.25%

Late Payment PenaltyDaily charge on overdue amount

0.5% / day

Deduction MethodDirect salary check-off deduction remitted by your employer payroll or standing order at your bank.

Side-by-Side Facility Comparison

Compare all GrowthSpring facilities at a glance

Bank of Ghana registered terms ensuring predictable and transparent repayment structures.

Facility Name	Annual Rate (p.a.)	Monthly Rate	Borrowing Range	Tenor	Eligibility
Salary LoanPayroll Check-Off	48% p.a.	4.0% flat	GHS 1,000 – 50,000	1 – 24 months	Salaried employees with verifiable monthly payslips
Business Loan (Tier 1)Micro Working Capital	60% p.a.	5.0% flat	GHS 1,000 – 15,000	1 – 12 months	Registered or informal merchants with daily sales
Business Loan (Tier 2)Inventory & Expansion	60% p.a.	5.0% flat	GHS 15,000 – 50,000	3 – 18 months	Growing enterprises with 6+ mo verifiable turnover
Business Loan (Tier 3)Corporate & Commercial	54% p.a. (Discounted)	4.5% flat	GHS 50,000 – 150,000	6 – 24 months	Established registered SMEs with corporate contracts

Explore Detailed Product Guides

Read comprehensive eligibility rules, documentation checklists, and application steps.

Salary Earner Facility

GrowthSpring Salary Loan

Fast emergency and personal credit up to GHS 50,000 backed by your regular monthly salary. Simple payroll check-off deductions and 24–48 hour disbursement at 48% p.a.

No physical collateral — backed by payslip

Straight-line 4% flat monthly calculation

Full Salary Loan Guide

SME & Commercial Facility

Tiered Business Working Capital

Tailored facilities from GHS 1,000 to GHS 150,000 designed to help traders, merchants, and registered SMEs stock inventory and fulfill corporate orders across Greater Accra.

Tier 1 for informal & market merchants

Tier 3 discounted to 54% p.a. for major commercial operations

Full Business Loans Guide

Not sure which facility fits your income?

Use our interactive loan calculator to test monthly payments, or speak directly to a credit officer in Adabraka.