Bid Security Loan
Bid Security Loan
Secure your government and private tenders with our specialized bid security financing. Fast-track your procurement participation with guaranteed financial instruments.
Key Features
- Loan Range: RWF 1M - 50M
- Rate: 36% APR (Special Rate)
- Tenure: 3-6 Months
- Processing: 24-48 Hours
Eligibility Criteria
- Valid RDB business registration
- Official tender invitation document
- 2+ years operational history
- Bank statements (12 months)
Security Requirements
- Bank guarantee collateral
- 30% cash margin deposit
- Directorship personal guarantee
- Lien on tender award proceeds
Fee Structure
| Processing Fee | 2% of guarantee amount |
| Commission | 1% monthly |
| Stamp Duty | RWF 10,000 flat |
Repayment Terms
- Linked to tender award timeline
- Auto-deduction from contract proceeds
- 90-day grace period post-award
- Full settlement if tender unsuccessful