Private Credit and the Financing Gap for Ghanaian SMEs
Private credit can fill part of Ghana's SME financing gap where bank lending is constrained, provided deals are structured around real cash flows with covenants that protect both borrower and investor.
Despite a deep banking sector, many viable Ghanaian SMEs remain underserved — too large for microfinance, too small or too unconventional for traditional bank credit. Private credit can bridge that gap.
Structuring for durability
The discipline is in the structure. We underwrite to demonstrable cash flows, size facilities to debt-service capacity, and use covenants that give early warning rather than punitive triggers. The aim is financing that helps a business grow, not debt that strains it.
What investors get
For institutional and high-net-worth investors, well-structured private credit offers an income stream with lower correlation to listed markets — at the cost of liquidity, which must be understood up front.
Apply this to your portfolio
Speak to a Union Capital advisor about what it means for you.