Ghana EXIM Bank Export Financing Credit Facilities

Overview

Ghana Export-Import Bank (GEXIM) is the principal export finance institution for the Government of Ghana, promoting Ghana's international trade by supporting businesses with financing, credit guarantees, and trade development services. GEXIM provides large companies in the export value chain with short, medium, and long-term financing solutions at concessionary rates to make them globally competitive.

Pre-Shipment Credit

Pre-shipment credit supports businesses with appropriate access to finance at the manufacturing stage for the purchase of raw materials and other inputs. Facilities available include short-term loans, bridge finance, import finance, and warehouse financing. These facilities help exporters prepare goods for international markets without straining working capital.

Post-Shipment Credit

Post-shipment credit aims to bridge the gap between production costs and export sales receipts, allowing businesses to accelerate cash flow and shorten operating cycles. GEXIM offers export receivables finance, buyer's credit, and bills discounting under this product. These facilities provide immediate liquidity while awaiting payment from international buyers.

Export Development Finance and Guarantees

GEXIM offers medium and long-term finance for export project setup, farm acquisition, and company expansion. Credit guarantees are issued to banks for approved credit facilities when there is inadequate collateral. Export credit guarantees are issued to banks on behalf of exporters to execute export orders. Through international cooperation with EXIM, GEXIM can provide financing of up to $10 million per transaction to Ghanaian businesses.

Eligibility Requirements

GEXIM facilities are available to Ghanaian exporters and businesses in the export value chain. Applicants must demonstrate viable export activities or contracts, provide necessary documentation, and meet credit assessment requirements. The bank supports various export sectors including agriculture, manufacturing, processed goods, and services.

Application Process

Applications are submitted to GEXIM through the bank's offices or partner financial institutions. Required documentation includes export contracts or orders, business plan, financial statements, proof of business registration, and sector-specific information. GEXIM evaluates applications based on export viability, creditworthiness, and contribution to Ghana's export development.

Contact Information

Visit www.eximbankghana.com for detailed information on export credit facilities, guarantees, and application procedures. GEXIM provides advisory services to help exporters structure financing for international trade.