The Ghana Export-Import Bank (GEXIM) provides large companies in the export value chain in Ghana and abroad with short, medium and long term financing solutions at concessionary rates to make them globally competitive.
Pre-shipment credit is provided to support businesses with appropriate access to finance at the manufacturing stage for the purchase of raw materials and other inputs. Pre-shipment credit facilities are also offered for the importation of raw materials/inputs for export production. Under this product, facilities considered are: Short Term Loans, Bridge Finance, Import Finance and Warehouse Financing.
Eligibility
Post-shipment credit aims to bridge the gap between production costs and export sales receipts, allowing a business to accelerate cash flow and shorten operating cycles. It supports the supply chain of the exporter. Export Receivables Finance, Buyer’s Credit, and Bills Discounting are facilities GEXIM looks at under this product.
Eligibility
This facility supports the activities of companies in the development and promotion of agriculture relating to agro-processing and the provision of services to the agro-processing sector. Activities financed under this facility include:
The Export Trade products offerings of the bank enable exporters to access working capital for production and to fulfil international orders, ensuring they can compete globally.
Additionally, the bank offers guarantees to mitigate risks associated with exporting, fostering the growth of local businesses in international trade.
Who Qualifies?
Who Qualifies?
Qualifying Criteria
An Exporter applying for Provisional Guarantee should meet the following requirements:
Guarantee Coverage
The guarantee covers up to 80% of the principal/loan amount approved by a Bank.
Tenor of the Product
Provisional Guarantee is issued for three (3) months and subject to review and renewal for another 3 months.
Credit Guarantee – Issued to Banks for an approved credit facility when there is inadequate collateral.
Export Credit Guarantee – Issued to Banks on behalf of an exporter to execute an export order. Export proceeds may be used as collateral.
Procurement-related Guarantees – These include Bid Security, Performance Bond, Advance Payment Guarantee and retention guarantee issued on behalf of businesses with contracts outside Ghana.
The Bank’s intermediary role with regards to Guarantees enables it to deploy customer driven financial products and services to SMEs engaged in the agricultural, export, services, manufacturing and construction sectors of the economy who ordinarily do not have sufficient collateral to secure loans.
Product Description Features
This guarantee is issued to suppliers of equipment to allow the beneficiaries (manufacturers, processors, healthcare facilities, etc) pay over a period based on the credit terms.
Eligibility
Requirements
Target
Guarantee Coverage
Guarantees up to 80% of the principal
Product Description Features
This guarantee is issued to suppliers of raw materials/inputs to allow the beneficiaries (manufacturers, processors, pharmaceuticals, healthcare facilities, poultry farmers etc) to pay over a period based on the credit terms.
Eligibility
Requirements
Target
Guarantee Coverage
Guarantees up to 80% of the principal
Product Description Features
This is issued in favour of Ghana Cocoa Board (COCOBOD) and on behalf of Licensed Buying Companied (LBCs) to enable COCOBOD advance funds to the LBCs for the purchase of cocoa beans for onward submission to COCOBOD.
Eligibility
Requirements
Target
Guarantee Coverage
Covers the total amount (100%)
Product Description/Features
This is a bond (guarantee/security) required during the bidding process, which ensures that the employer will be reimbursed for any loss caused by the bidder’s breach of bid-related obligations.
Target Market
Requirements:
Tenor
Per the duration contained in the Invitation to Tenderers.
Product Description/Features
This bond (guarantee/security) is requested by a customer seeking to receive advance payment from an employer, which ensures that the employer will be reimbursed for the advance payment in the event of failure by the customer to fulfil its contractual obligations.
Eligibility
Requirements:
Coverage
Covers up to the total amount (100%) of the advance payment/mobilization loan amount
Tenor
Covers the full duration of the period defined by the contract award letter or receipt of copy of the interim payment certificate paying off the total mobilization amount whichever is earlier.
Product Description/Features
This bond (guarantee/security) also known as contract bond is issued to the employer of a contract as a guarantee against the failure of the customer to meet obligations specified in the contract.
Eligibility
• All duly registered companies/contractors/suppliers who
have won a contract
• Companies/contractors/suppliers should have proven track
record and integrity.
• The contract won by the client should have requirement for
performance guarantee.
Requirements:
• Business registration documents
• Other registration documents relevant to the client’s business.
• Profile of the company
• Detailed Know Your Customer (KYC) report
• Evidence of past jobs executed
• Audited accounts of the company for the last three (3) years.
• Management account for the year under consideration.
• Bank statement for at least the last 6 months
• Collateral
• Copy of the contract document.
• Directors’ Resolution authorizing the company to apply for the said guarantee.
• Schedule of Project Execution.
Coverage
Covers the total amount of the performance guarantee amount.
Tenor
Covers the full duration of the period defined by the contract award letter or receipt of copy of the certificate of final completion or the taking over certificate whichever is earlier.
Product Description/Features
The retention bond (guarantee/security) is issued to the employer on behalf of the contractor seeking retention money withheld by the employer as provision for repairs and maintenance during the defects liability period.
Eligibility
• All duly registered companies/contractors who have successfully executed contracts and handed over. The contractor who has successfully executed the project should be issued with the taking over or completion certificate as a condition for applying for this guarantee.
Requirements:
• Business registration documents
• Other registration documents relevant to the client’s business.
• Profile of the company
• Detailed Know Your Customer (KYC) report
• Evidence of past jobs executed
• Audited accounts of the company for the last three (3) years.
• Management account for the year under consideration.
• Bank statement for at least the last 6 months.
• Collateral
• Copy of the contract document.
• Final Completion Certificate or Taking Over Certificate.
• Directors’ Resolution authorizing the company to apply for the said guarantee.
Coverage
Covers up to the total retention amount.
Tenor
Covers the full duration of the defects liability period within which the retention monies are withheld.
Products offered by the SME Banking Department are tailored to support the growth and expansion of Small and Medium-sized Enterprises (SMEs). These products aim to promote export-led growth and the overall development of SMEs in Ghana.
Who Qualifies?
The GEXIM Small and Medium Scale Enterprise (SME) Clinic is a 4- year training program aimed at building the business management capacity of an estimated 500 Small and Medium Enterprises operators. Its objectives are as follows:
Each cohort will undergo a training session lasting three (3) months.
The Project Department plays a crucial role in developing and managing various projects specifically identified as constraints within the value chain of products in the bank’s focus areas. Additionally, the Department collaborates with various stakeholders, including government agencies, agro-processors, and exporters to promote government initiatives that have significant economic impact.
Eligibility Criteria
Products
Security
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