BNDES has as one of its prioritized actions the support to micro, small and medium size companies all over the country, in view of its role in the creation of jobs and generation of income.

The operations presented by micro, small and medium size companies are financed by means of BNDES's accredited financial agents, which are responsible for the analysis of credit approval and guarantees. Such banks, public or private, due to their closeness to customers, have better conditions to evaluate financing requests. Companies usually refer to those institutions where they already registered and/or have some type of banking relationship. 

BNDES manages third party funds, to which it is accountable. For such reason, either BNDES or the qualified financial institutions should follow the standards of good banking practice in the granting of credits, such as, for instance, the constitution of adequate guarantees and the checking of registry conformity and the fiscal and parafiscal status of the interested to obtain financing.

There is availability for financial support lines and specific programs offering the best conditions of costs, terms and share levels, to support investments in industrial, infrastructure, trading and services and farming and cattle raising sectors.

The Guarantee Fund for the Promotion of Competitiveness - FGPC was created with the purpose of guaranteeing part of credit risk for financial institutions in operations of micro and small companies and medium size exporter companies that will use BNDES's financing lines.

BNDES Card - The BNDES Card is an instrument that grants revolving credit up to R$ 250 thousand so that micro, small and medium size companies may make productive investments. By means of the Card the MSMEs may have access to a pre-approved and automatic-use credit line.

First credit card in the 54 years of the Bank's history, the BNDES Card was launched in September 2003. The "Product List" of the BNDES Card's Portal amount to 35 thousand items, such as light transportation vehicles, equipment for commercial automation, computers and peripheral products, software, refrigerators, gondolas, sewing machines, stationary engines, pumps and equipment for service sites, kits for natural gas engines, health care and dentistry equipments, commercial furniture and paper for book edition. 

After requesting Card BNDES, through the website, the company will have its order analyzed by the issuing bank, who will define its credit limit. The maximum limit of the BNDES Card is R$ 250 thousand, which does not mean that the purchase is limited to this amount, as the company may appeal to other means of payment to complete the total of the operation or even own more than one card, issued by the accredited banks - Banco do Brasil, Bradesco or Caixa Econômica Federal. Besides the issuing banks, the BNDES Cards works in partnership with Visanet (under Visa flag) and, springing from the contract with Caixa Econômica Federal, also with Redecard (under Mastercard flag). 

All operations are carried out in the BNDES Card's Portal, from card request, calculus simulation of installment values, to acquisition of products, which are financed in up to 36 monthly, fixed and equal installments.

Enabling the access to the BNDES card is a way to democratize the resources managed by the Bank. The Card was created so micro, small and medium-size businessmen could purchase production, machinery, and equipment goods that would improve the overall performance of their businesses. It is a tool that supplies its holders with rotating pre-approved automatic credit through the emitting financial institution and also with automatic financing divided into fixed installment payments. For the supplying company, the Card means an extra attractive as regards its products, enabling business transactions with the guaranteed payment after 30 days from the sale, before a discount rate of 3%.


Disbursements in 2007

BNDES' disbursements in 2007 reached the historical record of R$ 64.9 billion, 24% greater than the amount released in 2006 - R$ 52.3 billion. The result reaffirms the growth trend of the Brazilian economy observed in 2007 and confirmed in its continuity in the beginning of 2008. The most visible sign of that expansion trajectory can be seen through the approvals growth in 2007 which reached R$ 98.8 billion, a 33% increase in comparison to the previous year.

In 2007, BNDES disbursed R$ 16.1 billion for individuals and for micro, small and medium size companies, which corresponded to 25% of the total disbursements in the year. As regards number of operations, from the total of 206 thousand operations, only 20 thousand were carried out by large companies. The support to smaller size undertakings shows the Bank's effort in providing support to that segment that is recognized for creating and maintaining the large portion of the job posts.

The disbursements for individuals (mostly rural producers) grew 31%, summing up R$ 4 billion in 2007. As to micro, small and medium size companies, they received 12.1 billion from BNDES in 2007. The amount shows a 50% expansion in relation to 2006 releases. One hundred and eighty-six thousand operations for smaller size companies and individuals were performed, equivalent to a 69% increase in relation to the previous year.


BNDES financing lines to support investments performed by micro, small and medium enterprises

In order to adequate better the financial supporting instruments, BNDES has created the following financing lines, which offer special conditions for projects performed by micro, small and medium enterprises:

Support to fixed investment, associated working capital and acquisition of capital goods

Support to acquisition of integrated urban buses

Support to acquisition of roadway buses

Support to acquisition of urban buses in non-integrated systems

Support to manufacture of equipment and systems 

Support to leasing operations of capital goods without wheels

Support to leasing operations of capital goods with wheels

Support to equipment imports 

Support to exports - pre-shipment operations

Support to exports - post-shipment operations


See:

Automatic BNDES

FINAME

Agricultural FINAME

FINAME LEASING 

Export Support