GET IN TOUCH
and secure your Business Loan
Get In Touch
17 Hahnemann Street, Windhoek West,
Windhoek, Namibia
Mobile: +264 85 282 8334
Tel: +264 61 256 521
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Facility Conditions
- Loan repayment period of 60 days (2 months).
- Maximum loan facility amount is N$100 000.
- Loan facility can cover up to 100% of Purchase Order’s value.
- Approved funds will be paid to suppliers based on submitted quotations.
- Cession Agreement (Project proceeds to be paid into Bellatrix’s bank account).
Application Process
- 1SME applies for Purchase Order Financing from Bellatrix SME Finance.
- 2SME, Bellatrix and the Buyer/Purchase Order Issuer(off-taker) to sign a cession agreement cession for the project payments to be made into Bellatrix’s bank account.
- 3SME signs a contract with Bellatrix to acknowledge receipt of loan facility.
- 4Bellatrix pays the SME’s suppliers to deliver goods or material required for the project.
- 5Purchase Order Issuer pays progress payments/project proceeds to Bellatrix Capital upon project completion.
- 6Bellatrix deducts principal amount and interest and pays net amount to SME.
Invoice Discounting Facility Conditions
- Products or service must be delivered before processing the facility.
- Debtor must be happy with products or services.
- Debtor must be Central Government, Regional Councils, Local Authorities (town councils/municipalities), State-owned Enterprises (SOEs) or a Reputable Private Company.
- Invoice must be issued.
- Maximum Loan repayment period of 60 days (2 months).
- Maximum invoice discounting facility amount is N$100 000.
- Loan facility can cover up to 90% of invoice value.
- Cession Agreement (invoiced amount to be paid into Bellatrix’s bank account).
Invoice Discounting Application Process
- 1SME submits invoice after supplying material or rendering a service.
- 2SME applies for invoice discounting facility with Bellatrix.
- 3SME, Bellatrix and the Debtor to sign a cession agreement for the invoice amount. to be paid into Bellatrix’s bank account.
- 4SME signs a contract with Bellatrix to acknowledge receipt of loan facility.
- 5Bellatrix pays up to 90% of the invoice value to SME.
- 6100% of invoice value paid into Bellatrix’s bank account upon due date.
