» Purpose

Acquisition of locally manufactured parts, pieces and components for incorporation to Machines and Equipment in their production phase. 


» Clients

companies with headquarters and administration within the Country; 

public administration direct or indirect. 

Only manufacturers of machines and equipment enrolled at BNDES Automated Manufacturer Registry [Cadastro de Fabricantes Informatizado do BNDES] shall be supported. 


» Items Entitled to Financing

Locally manufactured parts, pieces and components, including electronic, supplied by manufacturers registered with BNDES, for incorporation to machines and equipment in their production phase. 


» Interest Rate

Financial Cost:
As defined in the FINAME product

BNDES Basic Spread:
3.0% p.a. (three per cent per annum).

Financial Intermediation Fee:
0.8% p.a. (eight hundredths per cent per annum). Operations with micro, small and medium-sized companies are exempt from this fee.

Spread of the Accredited Financial Institution:
To be negotiated between the Financial Agent and the Beneficiary. 


» Share Level  

Up to 90% (ninety per cent). 


» Maturity  

Up to 18 (eighteen) months, including a grace period of up to 3 (three) months. 


» Collaterals 

To be negotiated between the accredited financial institution and the client. 

The Fund of Guarantee for the Promotion of Competitiveness [Fundo de Garantia para Promoção de Competitividade - FGPC] cannot be used to guarantee operations under the scope of the Program.

See: Guarantees


» Effectiveness

Until 12/31/2008, respecting budget limits.


» Addressing

Please apply to the accredited financial institution with the specifications of the good to be financed. The institution will inform which documentation is necessary, evaluate the possibility to grant the credit and negotiate the guarantees. After approval by the institution, the operation shall be submitted for homologation and later fund release by BNDES.