Private money lenders play an essential role in the financial landscape of Accra, providing alternative funding options for individuals and businesses. With their flexibility and streamlined processes, private capital lenders offer a valuable solution for borrowers who may face challenges accessing traditional bank loans. This article will explore the world of private money lenders in Accra, their benefits, how to find them, evaluating their services, and understanding the loan application process.
Understanding Private Money Lending
Personal money lenders are people or organizations that offer borrowers loans based on the collateral value. Private money lenders typically do not focus on borrowers’ credit scores; instead, they focus more on the collateral value you provide. Their lending decisions are based on the potential profitability of the investment rather than solely relying on creditworthiness.
Reasons to Go for Private Money Lenders
Private money lenders are typically more flexible in their loan requirements. They can structure loans based on individual possibilities, allowing borrowers with irregular income sources to obtain financing. Additionally, they often have quicker loan approval and disbursal processes, enabling borrowers to access funds within a shorter timeframe. Getting a loan from the bank is challenging if you are not a salaried worker in Ghana.
Top 20 Private Money Lenders in Accra
From our research, we came up with a list of private money lenders in Accra and where they can be located :
1. Adom Savings And Loans
Address: HQ78+P3F, Accra
Working hours: Mondays – Saturdays: 8 am – 6 pm
2. Anchor Money Lending Services Limited
Address: Republic House, GEPC Building, Annex Room No. G 022, Tudu Rd, Accra
Contact number: 024 333 7283
Working hours: Mondays – Saturdays: 7 am – 5 pm
3. Bobby Charlton Loan Company
Address: No. 1, Airport Residential Area, Opposite Shangri La Hotel, Kofi Annan St, Accra
Contact number: 024 217 4448
Working hours: Mondays – Fridays: 8 am – 5 pm
4. BLUE HORIZON MICROCREDIT
Address: Plot NO 25 Goil Service Station Near Coca-Cola Roundabout
Contact number: 050 607 9875
Working hours: Mondays – Fridays: 8 am – 6 pm
5. Blue Financial Services Ghana Limited
Address: Ringway Estate, Matti House, 2 H.P Nyemitei St, Accra
Contact number: 030 396 8196
Working hours: Mondays – Fridays: 8 am – 5 pm
6. Best Point Savings & Loan H/Q
Address: JQP6+62M, Nsawam Road, Accra
Office hours: Mondays – Fridays: 8 am – 5 pm
7. Citizens Capital Money Lending Limited
Physical address: Accra
Contact number: 024 305 2906
Working hours: Mondays – Fridays: 8 am – 5 pm
8. Calis Money Lending
Physical address: HQWJ+8MR, Paradise Cres, Accra
Contact number: 027 362 0756
Business hours: Mondays – Saturdays: 8 am – 5 pm
9. Direct Savings and Loans
Address: UTC, 1st Floor, Menaba House Knutsford Avenue, Accra
Phone: 030 396 9550
Working hours: Mondays – Fridays: 8 am – 5 pm
10. Goldsteps Money Lending Services
Physical address: HQR4+652, Ayawaso Rd, Accra
Contact number: 020 023 9823
Working hours: Mondays – Saturdays: 8 am – 5 pm
11. Goldenlink Savings And Loans
Address: JQ4F+H88, Accra
Phone: 030 222 3826
Business hours: Mondays – Fridays: 8 am – 5 pm
12. Instant Loan
Address: Osu Accra
Contact number: 026 366 3020
Office hours: Mondays – Fridays: 8 am – 5 pm
13. Izwe Savings & Loans Ring Road
Address: Paloma Hotel, Same Building with Imperial Insurance, Adjacent, Ring Road Central, Accra
Located in: Ghana Revenue Authority (VAT House)
Contact number: 030 225 1046
Business hours: Mondays – Fridays: 8 am – 5 pm
14. Star Capital Money Lending Ltd
Address: Accra
Office hours: Mondays – Fridays: 8 am – 5 pm
15. Speedline Money Lending Services
Physical address: GQWQ+6W6, Derby Ave, Accra
Contact number: 030 263 1962
Working hours: Mondays – Fridays: 8 am – 5 pm
16. Orbit Money Lending Company Limited
Physical address: Accra
Contact number: 030 278 2900
Business hours: Mondays – Fridays: 8 am – 5 pm
17. Link Exchange Money Lending Ltd
Physical address: Accra
Contact number: 030 224 2746
Working hours: Mondays – Fridays: 8 am – 5 pm
18. Quick Credit & Investment Micro-Credit Limited
Physical address: 14 Ring Road Central, Accra
Contact number: 059 692 0833
Working hours: Mondays – Fridays: 8 am – 5 pm
19. Quick Credit & Investment Micro-Credit Limited
Address: Citizen Kofi Building, Ring Road East, Danquah Circle, Accra
Contact number: 059 692 0833
Working hours: Mondays – Fridays: 8 am – 5 pm
20. QWIK LOAN GHANA
Physical address: Ring Road, Accra
Contact number: 026 509 2006
Business hours: Mondays – Fridays: 8 am – 5 pm
Disclaimer: Continuously verify the authenticity of the lender you’re trading with before you process an application.
Conclusion
Private money lenders offer a valuable financing alternative in Accra, catering to individuals and companies with exceptional financial needs and investment opportunities. Their flexibility, quick loan approval processes, and customized repayment plans make them an attractive option for borrowers facing challenges with traditional banks. By understanding how to find private money lenders, evaluating their services, and navigating the loan application process, borrowers in Accra can unlock opportunities for growth and financial success.
