NWDC's Small Business Development (SBD) Unit supports small business

We specialise in offering Business Counselling Services. and Bridging Finance

Business Counselling Services offered by NWDC

  • Holistic small business advice
  • Business plan guidance
  • Referrals to other support units or institutions
  • Assistance with CIPC-related matters thanks to a service level agreement between NWDC and the CIPC

Bridging Finance

NWDC offers Bridging Finance to SMMEs who have secured an order, contract or tender with a government department, municipality or the private sector. These are referred to as contracting parties.

Conditions of NWDC providing Bridging Finance
  • The Contracting party to agree to sign a cession agreement with the NWDC
  • A cession agreement ensures the loan is repaid to the NWDC
  • SMMEs who have secured sub-contracting services also qualify to apply for bridging finance, provided the primary contractor is included in the cession agreement
Documents required to apply for Bridging Finance
  • Submit NWDC Bridging Finance application form (download SBD loan form)
  • Accompanied by supporting documents:
    o Proof of contract or purchase order or tender, i.e. appointment letter
    o Company registration document of the SMME (CIPC)
    o Copies of identity documents of directors listed on company registration
    o CSD Certificate
    o Tax clearance certificate
    o Relevant industry-related compliance certificates
    o Proof of residence
    o For construction contracts: bill of quantities of the tender

For more information or to apply for NWDC’s Bridging Finance contact:
Welane Wanzi, SMME Manager – welanew@nwdc.co.za
Nokuthula Phamodi, Executive Manager: SBD – nokuthulap@nwdc.co.za

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SMMEs are to greatly benefit from a CIPC self-service terminal project – click to read more

Contact NWDC’s Small Business Development unit for an appointment on 018 381 3663

View the NWDC directory of profiled SMMEs from the province

What is Bridging Finance?

NWDC offers Bridging Finance to SMMEs who have secured an order, contract or tender with a government department, municipality or the private sector. These are referred to as contracting parties.