HOW TO APPLY FOR A LOAN
Applying for a loan with the Bahamas Development Bank is a simple process once all the required documents have been presented to your Customer Service Credit Officer.
- Applicants can make their loan request in two ways – online or in person. You can also call or visit to arrange an appointment to discuss your proposal. Once it is determined that your project request is eligible, you will be asked to submit various supporting documents. Typically, a business plan is required.
- Complete the application form online. An officer will be in touch within 24 hours of your application excluding weekends and public holidays.
- The documents required at the time of the application include nationally recognized identification, along with Character and Bank references. Other required documents would be related to the project. See Loan Application Checklist of Requirements.
- Once the Bank receives the requested documents, you should be able to obtain a response between 30 to 45 days.
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