» 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).


» Financeable Items

New machines and equipment produced within the Country, accredited by BNDES, with the exception of the following items: systems, industrial sets and equipment associated to large projects; buses; bus chassis and bodyworks; trucks; tractor-trucks; tractor-trailers; tugs; semi-tugs; chassis and body for trucks; including type dolly semi-tugs and similar; and armored cars and special equipment adjustable to chassis, such as platforms, cranes, concrete mixers, garbage compactors and tanks. 

For operations whose beneficiaries are companies of the agribusiness sector, they will only be susceptible to financing the equipments destined to the modernization of the industrial park.

Projects which financing amount is higher than BRL 10 million shall be characterized as large projects. 

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.) 


» Share Level

Up to 90%. 


» Maturity

Up to 60 months, including grace period:

Fixed interest rate operations: from 3 to 6 months. 
Variable interest rate operations: To be defined in view of Beneficiary and economic group it belongs to, payment capacity, observing that such term, when applicable, must be necessarily a multiple of 3. 

The grace period, when existing, will start on the 15th day after the date when the operation is contracted. The first amortization will be due on the 15th day subsequent to the date when the grace period ends. 


» 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.


» Collaterals

Negotiated between the accredited financial institution and the client. Refer to your specific conditions for use of the FGPC.

See: Guarantees


» Effectiveness

Until 12/31/2008, with the respected budgetary limit. The operations may filed with BNDES, for approval purposes, until 19/14/2008, with the objective of enabling credit contracting between the accredited financial institution and the clients until 12/31/2008.


» Addressing

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.