Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697646933574.pdf (Bahamas)
Road Works Compensation - Micro loan facility The Government of The Bahamas Road Works Compensation Micro loan facility provides a fixed rate loan tied to prime to assist micro and small businesses impacted by the Nassau Road Improvement Project.

The loan facility is made available through the Bahamas Development Bank.

The maximum loan amount will be $10,000.00 at a rate of 4.75% for a term of three years.
“Interest Only” payments will be required in the first year and both principal and interest payments will commence at the end of the first year.

Application No.
Application No.

: _____________________ Application Date: _____________________________ Amount requested: _____________________ Certificate of Enrollment #: ___________________ Section I: The Applicant First Name: ____________________________ Last Name: _____________________________ Initial: ________ Street Address: ________________________________________________________________________________________ P.O.
Box: _________________________ Passport/Voter’s Card #:________________________________ Telephone: Bus: _________________________ Home: ____________________ Cell: _________________________ Email address: _______________________________________ National Insurance #: __________________________ Date & Place of Birth: ________________ (d/m/y) Marital Status: ____________ Nationality: ________________ Place of Employment: _______________________________________ Occupation: ____________________________ Section Ia: Applicant Spouse/Business Partner First Name: ____________________________ Last Name: _____________________________ Initial: ________ Telephone: Bus: ___________________________ Home: ____________________ Cell: ________________________ Email address: ________________________________________National Insurance #:___________________________ Place of Employment: ________________________________________ Occupation:_____________________________ Name of Relative not living with you: ___________________________________________________________________ Relation: ______________________________________ Phone: Home: __________________ Cell: _________________ Section II: Business Information Name of Business: __________________________________ Date of Commencement: ____________________ Nature of Business: ________________________________________________________________________________ Number of Locations: __________ Number of locations impact by Road Improvement Programme: ______ Form of Business: Sole Proprietorship Partnership Company Franchise Street Address: ________________________________________________________________________________________ P.O.
Box: ____________________________ Island: ________________________________________ Telephone: Bus: ________________ Fax: _______________ Email: ________________________________________ Business License #: __________________________ National Insurance #: ________________________ Business Real Property Assessment #: __________________________ Is Business currently operating?
Yes No, if no state closure date: ________________________________ Section III: Monthly Personal Income & Expenses Main Job Earnings: $_________________________ Mortgage Payments: $_________________________ Other Income: $_________________________ Rent Payments: $_________________________ Spouse’s Income: $_________________________ Other Bank Loans*: $_________________________ Total Income: $_________________________ Light/Phone/Water: $_________________________ Transportation: $_________________________ School Fees/Credit Card $ ________________________ Food/Clothing $_________________________ Less Total Expenses: $________________________ Other: $_________________________ Net Disposal Income: $________________________ Total Expenses: $_________________________ *Banker (s): (1) _____________________ (2) ______________________ (3) _______________________ Section IV: Purpose of Loan Light Inventory Utility Bills: National Insurance Fees: Business License Fees Customs Duty Real Property Tax Mortgage/Rent (Business): Phone Self Cable/Internet Employee(s) Water Mortgage Rent Miscellaneous items/purpose: __________________________________________________ Section V: Supporting documentation required Copy of Passport/Voter’s Card of Applicant Copy of National Insurance Card Business License Invoice for inventory Lease Agreement (for business premises or letter from the landlord/property agent stating arrears or rent payable) Copy of Utility Bills – if applicable (BEC, BTC, Cable Bahamas, Water & Sewerage) Copy of National Insurance invoice for business owner/employees (if applicable) Copy of Real Property Tax invoice (if applicable) Copy of Broadcasting Corporation of the Bahamas invoice (if applicable) Copy of Bahamas Customs invoice (if applicable) If Business is a Company Certificate of Incorporation Memorandum & Articles of Association Certificate of Good Standing Register of Shareholders Resolution to borrow funds For other forms of Business (Franchise/Partnership) Franchise Agreement Partnership Agreement Declaration by borrower I/We, _______________________________________ do hereby certify that the information contained in this loan application and the accompanying statements and documents by me/us is true, correct and complete to the best of my/our information and knowledge.
I/We hereby agree to immediately notify the Bahamas Development Bank in writing of any material changes to the above information.

Applicant Signature: __________________________________________ Date: __________________________________________