Automatic operations

The BNDES has automatic lines that are operated with the assistance of financial agents, due to the greater capillarity of such institutions. Financing is offered by means of: (i) the BNDES Finame lines, and credit is granted for to the production and sale of machinery and equipment; (ii) the BNDES Automatic, financing for projects under R$ 10 million; and (iii) the BNDES Card, pre-approved revolving credit for micro, small and medium-sized companies for the acquisition of goods and consumables.

The charts below show the BNDES’ disbursements for these operations in 2011. With regards to the BNDES’ Finame line, it is possible to detect not only the stabilization of disbursements at higher levels, i.e., a little more than R$ 52 billion, but also the rise in the number of operations, which have surpassed 280,000. The increase in disbursements by means of the BNDES Card (75.6%), from R$ 4.3 billion in 2010 to R$ 7.6 billion in 2011, is striking, with the number of operations reaching over 540,000.

 Click on image to enlarge it.

Click on image to enlarge it.

Click on image to enlarge it.

The BNDES Card is becoming an important instrument in the democratization of credit in all regions around the country; especially for MSMEs. The chart below shows that, between 2007 and 2011, the coverage of municipalities increased from 36.1% (or 2,011 municipalities) to 87% in 2011, reaching 4,843 municipalities, with disbursements through the BNDES Card. The expansion of access to this financial product took place with greater emphasis in the Northern, Northeastern and Central-western regions.

BNDES Card coverage – 2007 and 2011 comparison (nº. of municipalities)