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National Development Bank – NDB

Term Loans

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Provides a lump-sum for companies to finance long-term assets

Purpose

Whether you’re looking to finance specific projects or aiming to invest in your company’s future, our Term Loans offer a foundation for sustained business growth

Why It Matters To The Client

Term Loans give your business the structured capital it needs to execute strategic growth with confidence.

Whether you’re expanding operations or funding large projects, a Term Loan provides predictable financing tailored to your goals. Access funding that supports expansion, modernization, acquisitions, or market entry initiatives.

Benefit from clear repayment terms that align with your cash flow and growth trajectory

Product brief

Focus on growing your business while we take care of your financing needs with Term Loans.

Find a business advisor near you

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

Product Features

  • Financing from P10,000.00
  • Repayment period: Max 5 years.
  • Minimum 20% Upfront payment of total cost, either cash or cash in kind.

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.