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Applicable financial conditions in accordance with BNDES financing lines

Operations performed with the transformation industries: up to 120 months;

Except for the following items: computer supplies; banking automation equipment; furniture and accessories; exhibition shelves; buses, chassis and bus bodies; trucks, dump trucks, truck tractors, trailers, semi trailers, chassis and truck bodies, including dolly semi trailers and the like; armored cars; special equipment that can be adapted to chassis, such as platforms, cranes, concrete mixing trucks, garbage compactors and tanks; agricultural machines; agricultural tractors and related implements; harvesting machines; self-propelled crop sprayers; planting machines; seeding machines; equipment for the preparation, drying and agricultural processing; and road machines and tractors.

Locomotives and railway cargo cars: Up to 120 months, including a grace period of up to 24 months for locomotives and 6 months for cars;

Operations for self-employed cargo transporters: up to 72 months;

Garbage collection vehicle bodies: up to 36 months;

Passenger transport tire-vehicles:

 
Type of Vehicle - Passenger Bus Maturity (months)
  Grace Period Repayment Total
INTEGRATED OR RATIONALIZED SYSTEMS (a)
conventional and micro with steps 12 60 72
non-standard back motor (b) and micro, with access (c) 12 72 84
standard and articulated with steps 12 84 96
standard and low floor articulated, bi-articulated (d) and electric 12 96 108
NON-INTEGRATED OR NON-RATIONALIZED SYSTEMS and ROADWAY TRANSPORT 12 60 72


Notes:
(a): Conditions for integrated systems or for the urban transport service rationalized portion as per Transport Steering Plan.
(b): Non-pneumatic suspension, 1,10m or narrower doors, front door off the front overhang.
(c): Vehicles complying with the provisions of Decree 5.296, of December 02, 2004.
(d): Low-floored biarticulated vehicles or fitted with steps.

Operations for International Bids: up to 144 months;

Import operations: Up to 60 meses (*);

Operations under Machinery and Equipment Production Financing: Irrespective of the Financing Facility, total maturity of each operation must be set forth according to the manufacturing schedule set out in the contract between the Manufacturer and the Purchaser, plus 30 days and must not exceed 18 months. The grace period of each operation, included in the total maturity, must not exceed 15 months.

Operations requiring maturities exceeding 60 months or exceeding the maturities provided for in the exceptions must be rated upon Previous Request.


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