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Agriculture
Capital Market
BNDES and the Environment
Exports
Infrastructure
Innovation
Micro, small and medium enterprises
Productive Structure
Social
Trade and Services
Applicable financial conditions in accordance with BNDES financing lines

Innovation Projects

Financing Facilities  BNDES Spread (% p.a.) Financial Cost Maximum Share (%)
Technological Innovation N/A Fixed Rate of 4.5% p.a. 100
Innovation Investment Plan 0.0 TJLP (100%) 80

Note: BNDES will support 100% of the operations with micro, small and medium enterprises.


Infrastructure Projects

Financing Facilities  BNDES Spread (% p.a.) Financial Cost Maximum Share (%)
Electric Power - Generation
- Investments, except import 0.9 TJLP (100%) 80
- Import of equipment, if there is not a similar equipment in Brazil, for power plants and gas cogeneration 0.9 IPCA or (US$ or UMBNDES 2) + ECM (100%) 80
Electric Power - Transmission 1.3 TJLP (100%) 70
Electric Power - Distribution 1.3 TJLP (80% maximum)
IPCA or (US$ or UMBNDES) + ECM (20% minimum)
60
Renewable Energies 0.9 TJLP (100%) 80
Logistics
- Railroad System: North and Northeast Regions and Reduction of Railroad Bottlenecks 0.0 TJLP (100%) 100
- Air, railroad, road, port and terminal systems 0.9 TJLP (100%) 80
- Road Concessions  1.3 TJLP (100%) 70
Oil and Gas
- Oil development, production and refine 1.8 TJLP (70% maximum)
IPCA or (US$ or UMBNDES) + ECM (30% minimum)
60
- Gas development, production and processing 1.3 TJLP (80% maximum)
IPCA or (US$ or UMBNDES) + ECM (20% minimum)
70
- Transportation and Distribution 1.3 TJLP (80% maximum)
IPCA or (US$ or UMBNDES) + ECM (20% minimum)
70
Telecommunications 1.8 TJLP (70% maximum)
IPCA or (US$ or UMBNDES) + ECM (30% minimum)
60
Projects for Structuring Transportation in Cities 0.9 TJLP (100%) 100(*)
90(**)
80(***)
Environmental Sanitation and Water Resources 0.9 TJLP (100%) 100(*)
90(**)
80(***)


Projects for Industry, Farming, Commerce and Services

Financing Facilities  BNDES Spread (% p.a.) Financial Cost Maximum Share (%)
Capital Good Industry (1) 
- Fixed investment, including machinery and equipment and associated working capital 0.9 TJLP (100%) 100(*)
90(**)
80(***)
- Working capital destined for Capital Good production   1.3 TJLP (100%) 80(*)
70(**)
60(***)
Farming and Other Industries 1.3 TJLP (80% maximum)
IPCA or (US$ or UMBNDES) + ECM (20% minimum)
80(*)
70(**)
60(***)
Commerce and Services
- Tourism; Education, Health, Social Support Services  1.3 TJLP (80% maximum)
IPCA or (US$ or UMBNDES) + ECM (20% minimum)
80(*)
70(**)
60(***)
- Other segments in Commerce and Services 1.8 TJLP (70% maximum)
IPCA or (US$ or UMBNDES) + ECM (30% minimum)
60
Micro, Small and Medium Enterprises (MPMEs)
Except from import, production and leasing of capital goods and internationalization 0.9 TJLP (100%) 100

(1) Capital Goods do not comprise segments such as truck, truck tractors, tow trucks, semi tow trucks, chassis and bodywork for trucks, buses; chassis and bodywork for buses, machines and road tractors and their respective machinery; farm tractors and machinery, such as harvesting machine, forklift truck, planes, trains and wagons, among others.

Capital Goods

Financing Facilities  BNDES Spread (% p.a.) Financial Cost Maximum Share (%)
Trading 
- Isolated acquisition or acquisition connected with projects 0.9 TJLP (100%) 100(*)
90(**)
80(***)
- Equipment Leasing 1.8 TJLP (100%) 60
- Import of Equipment, if there is not a similar equipment in Brazil 1.8 IPCA or TJFPE or (US$ or UMBNDES) + ECM (100%)  60 (on FOB value)


Projects for Introducing Brazilian Products in the International Market

Financing Facilities  BNDES Spread (% p.a.) Financial Cost Maximum Share (%)
International Competition (Equipment and Services) 0.9 TJLP (100%) 80
Internationalization 1.3 IPCA or TJFPE or (US$ or UMBNDES) + ECM (100%)  60


Projects in States and Cities

Financing Facilities  BNDES Spread (% p.a.) Financial Cost Maximum Share (%)
Modernization of the Tax Administration and Management of Basic Social Sectors - PMAT 0.9 TJLP (100%) See PMAT conditions
Modernization of the Income Administration and Tax, Finance and Equity Management of State Administration - PMAE 0.9 TJLP (100%) 100(*)
100(**)
90(***)
Integrated Multisector Projects 0.9 TJLP (100%) 100(*)
100(**)
90(***)


Social and Environmental Responsibility

Financing Facilities  BNDES Spread (% p.a.) Financial Cost Maximum Share (%)
Power Efficiency Projects 0.9 TJLP (100%) 100(*)
90(**)
80(***)
Investments in the Environment 0.9 TJLP (100%) 100(*)
90(**)
80(***)
Social Investments made by Companies
Community Focus 0.0 TJLP (100%) 100
Company Focus 0.9 TJLP (100%) 100(*)
90(**)
80(***)

Increase of BNDES maximum participation, fostering regional development:

(*) Low Average Income Cities located in the North and Northeast regions (where Sudene acts)
(**) Cities located in the North and Northeast regions (where Sudene acts) or Low and Average Income Cities
(***) High Income Cities located in other Brazilian regions.



See:
Other financial conditions
PDR

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