» Purpose

Financing, exclusively, through Accredited Financial Institutions, the acquisition of:

New equipment: trucks, chassis, tractor-trucks, wagons, lorries, towings, semi-towings, including the dolly type therein, tanks and similar and bodies for trucks, which are filed at BNDES;

Second-hand equipment: trucks, chassis, tractor-trucks, trailers, tractor-trailer, towing vehicles, semi-towing vehicles, including those of the dolly type, tanks and similar and truck bodyworks (*) that, in the year of application for BNDES financing have completed up to 8 (eight) years of usage from their manufacturing year; 

New tracking systems, which are filed at BNDES, when acquired with new and second-hand financeable equipment; and

Property insurance and moneylender insurance, when they are acquired with new and second-hand financeable equipment .

(*) The acquisition of used bodyworks, separately from motor units, shall only be financed when the seller is a legal entity. 

When accrediting the product, BNDES verifies only the manufacturer's productive process. Thus, the product accrediting with BNDES does not commit the institution to any responsibility for problems related to quality and/or operating technical performance of the related property.


» Clients

Individual entities resident and domiciled in Brazil, from the roadway cargo transport sector; 

Individual entrepreneurs, from the roadway cargo transport sector; 

Micro enterprises, from the roadway cargo transport sector;

Commercial Lease Companies or Banks with Commercial Lease Portfolio, duly registered with the Central Bank of Brazil and accredited with BNDES, provided that the lessee is an independent truck driver (individual) or an individual entrepreneur or micro enterprise, from the roadway cargo transport sector. 



» Interest rates

Fixed interest rate operations: up to 13.5% p.a., including the spread of the accredited financial institution of up to 5.5% p.a. (alternative exclusive for individual clients, resident and domiciled in the Country, of the load road transportation segment);

Variable interest rate operations: Financial Cost + BNDES’s Fee (of 1.0% p.a.) + Lessor’s or Accredited Financial Institution’s fee (of up to 6,0% per annum).


Financial Cost

• Long-Term Interest Rate - TJLP;
• Currency Basket - see: Application Rules; and
• Nort-American Dollar - see: Application Rules.



» Share Level

Up to 100% of the property value.



» Maturity 

The grace and amortization periods shall be defined according to the Beneficiary or Leaseholder payment capacity, respecting the total maximum term of 84 months. 

In fixed interest rate operations, the grace period, when applicable, shall be of 3 or 6 months. During the grace period, there shall be no payment of interest, which shall be quarterly capitalized. During the amortization phase, interest shall be paid monthly, jointly with the amortization amounts. 

In variable interest rate operations, the grace period, when applicable, shall be necessarily 3 month multiples. During the grace period, interest shall be paid on a quarterly basis. In the amortization phase, interest shall be monthly paid, jointly with the amortization amounts. 



» Collaterals 

Negotiated between the accredited financial institution and the client.

See: Guarantees

In case of leasing, the guaranty consists of pledge, to BNDES, of the credit rights represented by the leasing agreement.



Special Conditions

It is accepted the support of more the one financeable item by beneficiary/lessee.

The autonomous load carrier shall evidence his/her enrollment at National Registration of Roadway Load Carriers - RNTRC.

In case of second-hand bodies for trucks, which are acquired aside from the motor units, their acquisition shall be duly evidenced upon Invoice.

The registration is for free and issued by National Agency of Ground Transportation - ANTT (Phone: 0800-610300).

Through the service www.antt.gov.br/rntrc/consulta.asp, it is possible to consult the registration of carriers who are already licensed by ANTT to carry out the roadway transportation of load, on national territory.



» Addressing

Go to the accredited financial institution, bearing the technical specification (budget or technical-commercial proposal) of the property to be financed. The institution will inform the documentation needed, analyze the credit granting possibility and negotiate the guarantees. After approved by the institution, the operation will be addressed for homologation and subsequent release of funds by BNDES.



» Effectiveness 

It will be accepted the financing requests contracted until 12.31.2009, considering the budget limit established by the Program.

The financing requests addressed through Conventional Operating System may be filed with BNDES, for approval purposes until 12.18.2009.

The operations addressed through the Simplified Operating System may be filed with BNDES, for approval purposes, until 02.26.2010, together with the Release Request.



» Related subjects 

FINAME 
FINAME LEASING