This product is designed to meet the working capital needs of contractors and vendors of reputable organizations. The product is for clients who are awarded tenders to supply goods and services. The Bank can study their contract/orders and consider advances against the said contract/orders or the appropriate amount of outstanding due for payment.
The product also provides financing for outstanding receivables.
They are a short-term and are given for a maximum period of 3 months (60 days).

Features & Benefits
- Funds are provided for the purposes of expanding businesses by borrowing against LPOs and Receivables.
- Maximum to be financed is 100% of the cost of LPO

- Short term loan (Maximum of 60 days proposed)
- Disbursement will be made directly to vendors after confirmation- Bank shall only finance LPO from blue chip companies or companies registered with the Registrar General’s Department.
- Loan must be backed by collateral
- Loan can be revolving

- Local Purchase Order from the issuing company (Registered/Blue Chip Company)
- Formal Application Letter from the customer
- Company Profile and Registration Documents
- A collateral and guarantor.

For Who
- Private Individuals
- Business Men and Women
- Organizations

- Helps the customer have access to working capital
- Helps customers finance their LPOs
- Helps customers meet supply contracts or orders within a given time frame
- Helps the customer improve cash flow for company’s operations.
- Loan is based on value of the Purchase Order

Interest Rate
- Interest Rate is competitive.


Multi Credit Savings & Loans Limited started as a Community Bank in Kumasi.  It was incorporated as a private limited liability company under the Companies Code 1963 (Act 179) on 17th September, 1998 and licensed by the Bank of Ghana on 5th July, 1999.

Customer care

We ensure all our clients get the best quality service. If you have a problem, feel free to contact the nearest branch for redress or resolution. You can also send us an email on

Contact us

Tel: +233-03220-37418 / 37419  
Fax: +233-03220-37420