Salaried workers, whose salaries pass through Capital, can obtain salary advances for the acquisition of assets such as a car, furniture, a TV set, a refrigerator, or to fund building projects and to pay school fees of dependents and rent advance.
Salary advances of up to GH¢10,000 for not more than 5 years are available to salaried workers who have served for at least 1 year at their current places (organizations) of employment. However, loan term must not exceed 12 months, if the loan is not being sought for the acquisition of fixed assets like cars and buildings, in which case the said assets must be part of the loan collateral. Monthly credit repayment must not exceed 40% of the borrower’s net monthly.