» Purpose

Encourage the companies supported by the Federal Government's Agricultural and Farming Investment Programs to make agribusiness investments. 


» Clients

Rural producers (individuals or legal entities) and rural cooperatives applying for credit facilities at the Accredited Financial Institutions in BNDES, pursuant to the Federal Government's Agricultural and Farming Investment Programs managed by BNDES. 


» Financeable items

Advancement of funding intended to investment, in accordance with the Federal Government's Agricultural and Farming Investment Programs managed by BNDES. 


» Types of financial support

Indirect Automatic Financial Support. 


» Interest Rate

Financial Cost + BNDES Spread + Spread of the Accredited Financial Institution (excluding Management Fee). 

Financial Cost: Long-Term Interest Rate – TJLP;

BNDES Spread: 3% per annum;

Accredited Financial Institution’s Spread: up to 3% per annum.


» Financing Limit

Up to R$ 200 thousand, for every 12 months.


» Share Level

Up to 100%.


» Maturity

Up to 6 months, including a 5-month grace period.


» Collaterals

The collaterals set forth for Automatic BNDES, stressing that the Competition Incentive Fund - FGPC must not be used. 


» Effectiveness

Up to December 31, 2008. 


» Addressing

Applicants must contact a financial institution accredited, which will inform the documents required, analyze the possibility of granting the credit, and negotiate the collaterals. After the institution grants approval, the facility will be submitted for official approval and further release of funding by BNDES.