SME Readiness Checklist
Before applying for SME financing, check which requirements you already meet. Items you haven't completed will show remediation steps to help you prepare.
Needs Preparation
0 of 12 items completed • 0 of 5 critical items done
Legal & Registration
0/3 doneYour business is registered with the Registrar General's Department (RGD).
You have a valid TIN from the Ghana Revenue Authority (GRA).
You have a Ghana Card (or valid passport/voter ID) for yourself and key business owners.
Financial Records
0/4 doneYou operate a separate bank account for business transactions (not personal).
You can provide at least 6 months of bank statements showing regular transactions.
You keep records of income, expenses, and profits (even a simple notebook or spreadsheet).
You have no outstanding defaults or blacklisting with credit bureaus (XDS, Dun & Bradstreet).
Collateral & Guarantees
0/2 doneYou have assets (land, building, vehicle, equipment, or cash deposit) that can serve as collateral.
You have someone (with steady income) willing to guarantee your loan.
Business Documentation
0/1 doneYou have a written plan describing your business, market, and projected revenues.
Compliance
0/2 doneYour business complies with EPA requirements (relevant for manufacturing, agro-processing).
You have basic business insurance (fire, theft, or crop insurance for agribusiness).