» Purpose

Financing the acquisition of new machinery and equipment, manufactured in Brazil, accredited in BNDES, aiming at the dynamization of the capital goods sector and the general modernization of the industry and health care sector.

Operations carried out exclusively through accredited financial institutions.


» Clients

Companies with headquarters and administration in the Country, classified into the National Classification of Economic Activities - CNAE as extractive industry (Section B), transformation industry (Section C), construction (Section F) or activity of human health care (Section Q 86), except supporting activities to health management (Section Q 86.6).


» Eligible Items

New machines and equipment produced in Brazil, accredited by BNDES, except for the following items: systems, industrial plants and equipment connected with large projects; buses; bus chassis and bodies; trucks; truck-tractors; tractors; trailers; semi trailers; truck chassis and bodies; including dolly semi trailers and similar vehicles; as well as armor-plated trucks and special equipment suitable for chassis mounting, such as platforms, cranes, concrete mixers, trash compactors and tanks; and vertical refrigerated showcases. 

In regards to companies of Agribusiness and Ceramic Product Manufacturing sectors, only equipment designed for industrial pool modernization will be entitled to receive financing. 

Large projects are regarded as those requiring a financing amount above R$ 10 million. 

When accrediting the product, BNDES only verifies the manufacturer production process. Therefore, product accreditation by BNDES does not generate any responsibility for the institution in relation to the quality and/or operating technical performance of the asset in question. 


» Interest Rate

Operations with fixed interest rates: up to 12% p.a., including the accredited financial institution fee of up to 3.5% p.a. 

Operations with variable interest rates: TJLP + BNDES Fee (of 0.5% p.a.) + Accredited financial institution fee (of up to 3.5% p.a.) 


» Level of Participation

Up to 90%. 


» Term of Loan

Up to 120 months for financial support grantees which perform economic activities classified within the processing industries category (Section C); and 

Up to 60 months for other financing cases. 


» Grace Period

Operations with fixed interest rate: 3-month or 6-month long operations. 

Operations with variable interest rate: In respect to any sectors falling within the scope of financial support, it will be defined pursuant to the Financial Support Grantee settlement capacity, taking also into account the latter significant business group. For that purpose, in case of any maturity, it must consist of a period multiple of three, which must not be longer than 24 months for machines and equipment, and 12 months for procurement of Information Technology and similar products. 

The grace period, if any, will begin on day 15 after the operation contracting date. First repayment will take place on day 15 after the grace period expiration.


» Repayment System

Such repayments will be monthly and successive, calculated by the French System - Price. 

During the grace period, interest rates will be capitalized quarterly. During the repayment phase, interest rates will be paid with the principal.

For calculuses of installments and debit balances, it will be considered trading periods, i.e., 30-day month and 360-day year. In the grace period, it will be considered, for the calculus of capitalized interest rates, the exact number of days comprehended between the releasing date and the 15th day, immediately prior to the first repayment date.


» Guarantees and Collaterals

Negotiated between the accredited financial institution and the client. 

See: Collaterals


» Expiration Date

December 31st, 2009 or while within the budget limit.


» Application

Proceed to the accredited financial institution, bearing the technical specification (budget or technical-trading proposal) of the asset to be financed. The institution will inform you on the needed documentation, analyze the credit granting possibility and trade guarantees. The operation, after being approved by the institution, will be addressed for homologation and subsequent release of resources by BNDES.