Are you an SME that has been awarded a contract by a large organisation, such as a government ministry, a state-owned enterprise, or from a large private sector entity, and you need credit facilities to complete your work? Will you be buying from one of the below Bidvest Namibia entities?
Bidvest Namibia Entities forming part of this iniative include:
If you can answer yes to these two questions, then you may qualify to access the Bidvest Namibia Enterprise Development Fund (the Fund). The Fund is administered and managed by Namprofund.
Namibian SMEs can now use this opportunity to take their business to new heights. SMEs can choose from the following products:
Working Capital Finance
This option is perfect for SME’s that have been awarded value add contracts, which include construction or maintenance contracts.
Purchase Order Finance
This option is perfect for SMEs that have been awarded contracts to supply goods to Government, state-owned enterprises or large private sector entities.
Operating Finance Lease
This option is perfect for SMEs awarded large contracts that requires that they acquire plant and machinery to execute the contract over an extended period of >18 months.
Where do I apply?
Download the brochure and application form here:
Bidvest Brochure Application Form
Find application forms at:
Business Financial Solutions (BFS) Offices/ Namprofund
Ground Floor, 7 Newton Street, Windhoek, Namibia
PO Box 5064, Ausspannplatz, Namibia
T: +264 61 388 600 F: +264 61 239 772
The Board of Bidvest Namibia announces that Ms. Theresa Weitz will be resigning as executive director effective March 6, 2018. Bidvest Namibia would like to thank Ms. Weitz for her valued contribution to the company.
Bidvest Namibia anticipates basic earnings per share (EPS) to be up between 28% and 33% and headline earnings (HEPS) for the half-year ended December 31 2017 to be down between 127% and 132% on the previous corresponding period.
The Board of Bidvest Namibia announces that Mr. Peter Meijer will be retiring as nonexecutive director effective February 28 2018. Bidvest Namibia would like to thank Mr.
Meijer for his valued contribution to the company.
Further to the cautionary announcements dated November 8 and December 20 2017, shareholders are advised that the Company has entered into discussions, which if successfully concluded, may have a material effect on the price of the Company’s securities. Accordingly, shareholders are advised to continue to exercise caution when dealing in the Company’s securities until further announcements are made.