Finance for transport and logistics
The Development Bank of Namibia views the transport and logistics sector as a critical economic component that is vital to ongoing economic activities in Namibia, as well as for the development and facilitation of trade with other countries.
Among others, the Bank can provide finance for:
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Bonded warehouses
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Cold storage & warehousing
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Truck ports
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Dry ports
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Freight consolidation
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Courier services
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Fleet
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Assets for cargo transport (cranes, lifts, containers, etc.)
Application downloads
Structured, responsive finance for larger projects
The Bank structures finance for larger transport and logistics enterprises to ensure that it promotes long-term viability. The Bank cooperates with applicants to develop a deep understanding of business models and enterprise milestones, so that it can develop viable financing models that take sustainability, risk and growth into account.
SMEs
The Bank defines SMEs as enterprises with an annual turnover of less than N$10 million. SME start-ups and expansion plans can be serviced by the DBN SME Centre in Windhoek, or by its offices in Ongwediva, Rundu and Walvis Bay.
Products
For enterprises with less complex requirements DBN provides a range of financing products that may include:
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Installment sales agreements (vehicles and other assets)
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Term loans
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Property development finance (warehouses, offices, etc.)
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Performance guarantees
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Contract (tender) based finance
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Management buy-ins and buy-outs
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Fleet
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Assets for cargo transport (cranes, lifts, containers, etc.)