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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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Seasonal Loan

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Partner with us to unlock the capital already built up in your existing property and turn your asset into a powerful driver for business growth.

Purpose

Finance your business with our short-term agri-facilities for seasonal input finance to purchase seed, fertilizer, chemicals, fuel and labor.

Why It Matters To The Client

Access Funds Needed for Critical Farming

Access funds needed for critical farming inputs and operational costs, enabling you to plant on time, maintain productivity and maximize yield potential.

Access Funds to Cover Your Day-to-Day

Access funds to cover your day-to-day operating expenses when cash flow is seasonal.

Apply here for this product

Get flexible funding and prepare for busy seasons and seize every opportunity with our Seasonal Loan.

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 12 months
  • Minimum 20% Upfront payment of total cost,
    either cash or cash in kind.

Requirements

Requirements

  • 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 plan).
  • 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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