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2025-04-30T14:23:07Z

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==Procedure==
'''Apply In-Person''' 
#The National Development Bank has introduced various financial assistance interventions like Bridging Financing Loan, for short-term acquisitions while providing a guarantee of income. [https://www.ndb.bw/contact-us NDB contact details].
#Interested applicants should visit the nearest NDB branch office, and express their interest in assessing the loan to the Sales department unit.
#Collect and complete the Bridging Financing Loan Application Form or download it via the NDB website, [https://www.ndb.bw/downloads?page=1 Forms] or directly download it using this link,[https://www.ndb.bw/sites/default/files/downloads/BRIDGING%20Financing%20Loan%20Application%20Form.05-05-2015%20FINAL.pdf Bridging Financing Loan Application Form]
#Submit the certified copies of the supporting documents as mentioned under the “Required Documents” section of this page; in addition to the duly completed application form in all respect to the NDB sales department office/unit. Any omission of these documents will render the application process incomplete.
#Upon receipt of the application file, the NDB receiving officer will verify if all the necessary information and documentation has been provided and that the applications comply with the selection criteria before registering the application file for assessment and consideration by the NDB sales department unit.
#The application will be processed as per the information and documentation provided, that is why applicants are advised to provide sufficient information to enable the NBD sales department unit to evaluate the business/company and make its decision.
#Notice of the decision (Approval, Deferral, or Rejection) for the Loan will be communicated to the client in writing /phone/email.
#If the funding is approved, the applicant will be required to visit the NDB office, where the application was lodged, and produce a proof of identity document to be validated by the authorized official. The borrower shall be made to sign a contract with NDB
#The Access of the loan by the applicant once approved, is normally subjected to pre-disbursement conditions as the NDB deems fit, once all these conditions have been fulfilled, the loan can start disbursing in accordance with the implementation schedule agreed with the applicant (borrower). 
 
==Required Documents==
*Two (2) certified copies of National Identity Cards (Omang), for all Batswana applicants, all Shareholders, and Directors. Two (2) certified copies of passports (for non-citizens).
*A copy of a residence permit and work permit (Non-Citizens).
*Valuation Report for Fixed Assets.
*Title Deed for Fixed Asset pledged as Security/ Collateral.
*Certificate of Incorporation or Registration documents for companies, trust, partnerships, and other legal entities.
*Memorandum and Articles of Association where the applicant is a company and other registration documents as required by law.
*Resolution by Shareholders/Board/Members to apply for the loan, if the loan is for a company (The signing authorities to be clearly outlined in the Resolution).
*Applicant’s Bank statements for the latest 6 consecutive months
*Assurance payment letter.
*Tax Clearance. Quotations (Where Applicable).
*Tender Contract/ Agreement.
*Utility Bill as Proof of physical Address (BPC, Water Utilities /Water Affairs/Telephone Bills).
*Provide Annual Returns, Forms 42 or 58 (whichever is applicable), where the company has been in existence for 12 months.
*Provide Share Certificates for all shareholders.
*Sales Agreement/ Contract.
*Provide VAT number if the company is registered or required to be registered under VAT. 
 
==Office Locations & Contacts==
'''NATIONAL DEVELOPMENT BANK (NDB)''' 
GABORONE OFFICE 
Client Relations Director 
Regional Managers 
Relationship Managers 
Sales Executives 
Address: Development House Queens Road, Main Mall 
P O Box 225, 
Gaborone Tel: (+267) 395 2801 
Fax: (+267) 397 4446 
 
FRANCISTOWN OFFICE 
Regional Manager 
Relationship Manager 
Sales Executives 
Address: Tswelelopele House 
P O Box 282, Francistown 
Tel: (+267) 241 6044 
Fax: (+267) 241 6065 
 
MAUN OFFICE 
Regional Manager 
Relationship Manager 
Sales Executives 
Address: NDB Office, Mall 
P O Box 453, Maun 
Tel: (+267) 686 0316 
Fax: (+267) 686 0645 
 
PALAPYE OFFICE 
Relationship Manager 
Sales Executives 
Address: NDB Office, Palapye Development Trust Mall 
P O Box 10387, Palapye 
Tel: (+267) 492 0552 
Fax: (+267) 492 0551 
[https://www.ndb.bw/contact-us NDB contact details] 
[https://www.ndb.bw/ NDB Website] 
 
==Eligibility==
*Individuals or companies owned by citizens aged 18 or over, either wishing to start a new business or wanting to expand an existing one.
*Applicant should have an existing activate account.
*Bridging finance loans range from P500.00 to P4 million. 
 
==Fees==
No fee associate with the service. 
 
==Validity==
The repayment period will depend on the date of receipt of expected money which will be used to clear the debt but will not exceed 12months. Monthly repayments are not usually required, instead, a bullet repayment is made using the received money. 
 
==Documents to Use==
[https://www.ndb.bw/sites/default/files/downloads/BRIDGING%20Financing%20Loan%20Application%20Form.05-05-2015%20FINAL.pdf Bridging Financing Loan Application Form] 
 
==Sample Documents==
Please attach sample completed documents that would help other people. 
 
==Processing Time==
Please explain processing time taken in obtaining the document/certificate. 
 
==Related Videos==
Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'. 
 
==Instructions==
Please provide other instructions related to the certificate/documents.
e.g. The state office holds birth records since january 1908. 
 
==Required Information==
*Company details
*Applicant’s bank details
*Transaction details
*Repayment period
*Key men’s credit life insurance
*Details of payment assurance
*Past dealings with NDB
*Current and previous involvement with other banks
*Financial particulars
*Security (if applicable)
*Personal balance sheet (assets/liabilities list)
*Declaration by the applicant 
 
==Need for the Document==
The National Development Bank has introduced various financial assistance interventions like the Bridging Finance for the financing of short-term acquisitions while providing a guarantee of income. 
 
==Information which might help==
Enter other informations which might help. 
 
==Other uses of the Document/Certificate==
Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity. 
 
==External Links==
[https://www.ndb.bw/sme-financing NDB] 
 
==Others==
More information which might help people. 

[[Category:Botswana]]

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Wesley: Auto