The purpose of this paper is to discuss the factors that influence the various small and medium-scale enterprises to access credit from banks, saving and loans, and other financial institutions. Most enterprises access credit from financial institutions for different reasons and purposes. Whether its expansion projects, general business activities, buying of new equipment among others, these are all factors that influence enterprises to demand credit and this paper explores some of these factors in one district in Ghana. As a formal study, the research was based on a cross-sectional survey method because it allows the researchers to compare many variables at the same time. It is also used to compare different population groups at a single point in time or over a short period. Based on the respondent from the survey conducted, the following were some of the major findings: the SME’s business is dominated by females compared to the Males in La Nkwantanang Municipality. Also, the SMEs business in La Nkwantanang Municipality is dominated by Hairstylists. Most businesses in this community are owned by individuals and few go into partnership with others. From the studies, we found out that the main source of financing of these enterprises is self-financed, followed by bank credit and from family and friends. In conclusion, we made some recommendations to the SMEs in Nkwantanang Municipality on how they can access financial support from banks, saving and loans, and other financial institutions.