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National Development Bank – NDB

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National Development Bank

 Call Us On 395-2801

Development House, Main Mall, Queens Road

 Business Hours

Mon – Fri: 08:00 to 15:30, Sat -Sun: CLOSED

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Purchase Order Finance

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Purchase Order (PO) Finance is a short-term financing solution following designed for businesses with confirmed purchase orders that lack the upfront capital to fulfil them.

Purpose

Purchase Order (PO) Finance is a short-term funding solution that helps your business deliver customer orders without needing upfront capital allowing your business to keep growing.

Why It Matters To The Client

We Pay Suppliers Directly

We pay your suppliers directly, so you don’t have to worry about using your working capital or straining your cash flow.

Financing Based On Your Purchase Order

Financing will be based on your purchase order and buyer credibility so you will have access to capital even without traditional collateral.

Quicker Approvals And Disbursements

Quicker approvals and disbursements so you can pay suppliers on time and meet tight delivery deadlines.

Product brief

For small businesses that face challenges in fulfilling large orders, purchase order financing offers you a practical solution.

Click to apply

Find a business advisor near you

We have a network of 4 branches and 23 satellite offices across Botswana

Locate the nearest branch

Product Features

  • Financing from P10,000.00
  • Repayment period: Max 6 months
  • No upfront contribution. NDB offers 100% finance of total cost.
  • Secured against cession of purchase order​.

Requirements

Requirements for Purchase Order Finance

  • KYC update Form to be filled by all shareholders/directors of the company.
  • Certified copies of National Identity Cards (Omang), or certified copies of passports (for non-citizens) for all shareholders/directors.
  • Copy of Marriage certificates if shareholders are married and marriage instrument.
  • A copy of a residence permits and work permits (non-citizens).
  • Tax clearance certificate for the company.
  • Proof of residence for all shareholders/directors.
  • A copy of work permit(s) for all company employees who are not citizen or an alternative (i.e. Waiver).
  • Current Pay slip for Shareholders/directors and letter of employment or letter from company secretary specifying that the individual is a shareholder but does not earn salary from company, however they earn dividend annually (specify amount).
  • All company documents including share certificates, tax clearance certificate, operating licenses or A constitution, partnership agreement for partners, syndicates and trusts (trust deed) (In addition NDB may require a management
  • Confirmation of Physical Address e.g. utility bill or confirmation from company secretary.
  • Company profile explaining what the business does. Include competitive analysis of your business.
  • Transactional account’s 6 months Bank statement. For seasonal business, 12 months bank statement.
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