Loan Readiness Assessment

Whether you're looking to expand, purchase equipment, increase inventory, fulfil customer orders, or strengthen working capital, this assessment helps you understand how prepared your business is for financing.

Important: This assessment provides an indication of your business's financing readiness based on the information you provide. It is not a loan approval or guarantee of financing. Final eligibility and financing terms are determined by the relevant financing partner.

Name

Email

Phone Number

SECTION 1

BUSINESS PROFILE

Where does your business operate?

If your business is in Ghana, which region is it located in?

If your business is in Nigeria, which state is it located in?

Industry

What is your average monthly business revenue (sales)? (GHS/NGN)

Under GHS 10,000 / Under ₦1,000,000

GHS 10,000–GHS 50,000 / ₦1,000,000–₦5,000,000

GHS 50,000–GHS 200,000 / ₦5,000,000–₦20,000,000

Above GHS 200,000 / Above ₦20,000,000

What is your biggest business challenge today?

Access to Finance

Cash Flow

Finding Customers

Inventory Management

Financial Management

Hiring Staff

Foreign Exchange

Have you applied for business financing before?

Yes, and it was approved

Yes, but it was declined

No, this would be my first application

SECTION 2

BUSINESS FINANCE READINESS ASSESSMENT

BUSINESS FOUNDATION

Answer all questions.

1. How long has your business been operating?

Less than 6 months

6–12 months

1–2 years

2–5 years

More than 5 years

2. Is your business formally registered?

Yes

Registration in progress

No

3. Do you have a dedicated business bank account or mobile money account for your business?

Yes, both a business bank account and business mobile money account

Yes, one dedicated business account

I use my personal account for business

No dedicated business account

FINANCIAL MANAGEMENT

Answer all questions

4. How consistently do you record your business transactions?

Every day or as transactions happen

At least every week

At least once a month

Occasionally / when I need the information

I don't keep business records

5. Can you provide at least three months of business records today?

Yes

Partially

No

6. Which statement best describes your understanding of your business finances?

I regularly track both sales, expenses and profit

I track sales and expenses and can estimate my profit

I track sales but don't regularly track expenses

I mainly know how much money comes into the business

I don't regularly track my finances

7. Do you keep your business finances separate from your personal finances?

Always

Most of the time

Occasionally

Never

BUSINESS PERFORMANCE

Answer all questions

8. During the past three months, your monthly sales have been:

Growing

Stable

Seasonal but predictable

Highly inconsistent

Declining

9. How often does your business generate enough cash to cover its monthly operating expenses?

Every month

Most months

Sometimes

Rarely

10. Do you currently have any outstanding business loans or supplier credit?

No

Yes, and repayments are up to date

Yes, with occasional delays

Yes, repayments are overdue

11A. How prepared is your business to provide supporting documents to a lender?

I can provide almost all required documents today

I can provide most of the required documents

I can provide only a few documents

I am not able to provide supporting documents yet

11B. Which of the following documents do you currently have?

Business Registration Certificate

Business Bank Statements

Mobile Money Statements

Sales Records

Financial Statements (income statement, balance sheet, cashflow statement)

Tax Records

None of the above

GROWTH POTENTIAL

Answer all questions

12. Which statement best describes how this financing will help your business?

Purchase equipment or machinery to increase production

Expand operations or open a new branch

Fulfil confirmed customer orders or contracts

Increase inventory to meet expected demand

Expand into a new market

Hire additional staff to support business growth

Strengthen working capital or improve cash flow

Invest in marketing to grow sales

Cover overdue operating expenses

Repay existing business debt

Personal or household expenses

13. If demand for your products or services doubled next month, your business could:

Meet demand immediately

Meet demand with financing

Meet some of the demand

Be unable to meet demand

14. If you found a suitable financing opportunity today, how prepared would your business be to submit an application?

Ready today with all required information and documents

Ready within one week

I'd need to organize my records first

I'm not ready yet

Loan Readiness Assessment

Important: This assessment provides an indication of your business's financing readiness based on the information you provide. It is not a loan approval or guarantee of financing. Final eligibility and financing terms are determined by the relevant financing partner.

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