Fixed rates are 17.24% per annum for small businesses and 15.74% for the others. Bank opened option of covering portion in excess of 50% or 70% also with a fixed rate.

The National Bank for Economic and Social Development (BNDES) announced on Monday (9), which is expanding its financing alternatives for the purchase of capital goods. From now on, the bank will adopt a new fixed interest rate, market values ​​to complement the funding under the Investment Support Program (PSI).

Capital goods are machines that are used for the manufacture of another machinery and equipment, building materials and industrial plants, for example. The values ​​of fixed rates for February are 17.24% per year for micro, small and medium enterprises (MSMEs) and 15.74% for other companies.

The novelty is that the BNDES is offering customers the option to cover the portion that exceeds the 50% or 70% also with a fixed rate, the market cost. The new fixed interest rate will be updated monthly and will expand to up to 90% the participation of BNDES financing for the purchase of buses and truck's operations and BNDES Procaminhoneiro (funding for independent truck driver).

The new fixed interest rate will be updated monthly and will expand to up to 90% the participation of BNDES financing for the purchase of buses and truck's operations and BNDES Procaminhoneiro (funding for independent truck driver).

The PSI program funds at fixed rates the purchase of domestically produced capital goods. The limit for funding with program fees is 50% (large company) and 70% of the property value (for smaller companies). The client, however, can finance up to 90% of the value, complementing the PSI rate with market rates. The novelty is that the BNDES is offering customers the option to cover the portion that exceeds the 50% or 70% also with a fixed rate, the market cost.

The fixed interest rate shall be applied to the credit related to the increase of participation of the Bank. That is, it will be adopted specifically on the portion of debt not covered by the PSI. With the new mechanism, BNDES offers its customers a credit complementation. Alternatively, the fixed-rate market, allowing the borrower greater predictability on the final cost of the operation.

The values ​​of fixed rates for February are 17.24% for micro, small and medium enterprises (MSMEs) and 15.74% for other companies. In credit composition (PSI + fixed interest rate), however, is maintained the advantage of cost of financing for MSMEs, as the BNDES participation in the share of financing with subsidized interest of PSI to these companies is higher.

The measure was communicated to the financial agents through BNDES circular and the new tool is now available, initially being adopted for bus acquisition, trucks and BNDES Procaminhoneiro. In a second step, the benefit will be extended to the financing of other capital goods financed by BNDES PSI.

Wheat stock expansion of J. Macedo

BNDES approved R $ 79.5 million financing to J. Macedo S / A. The project is for the construction of silos at the plant in Fortaleza (CE), with storage capacity of about 40 thousand tons of wheat.

This increase will improve the operational flow and utilization of wheat downward price movements in the market for training stock. It is expected that the work will be completed in March 2017, creating 70 jobs.

The operation, under the BNDES cereal programs, PSI Capital Goods and BNDES Finem, correspond to 85% of total investment, whose purpose is to support the growth of J. Macedo flower sales to meet the Northeast bakery market.

J. Macedo has been operating for 75 years in the milling industry and wheat processing, where he obtained a national leadership in the areas of domestic floor, and cake mixes. The company owns brands like Dona Benta, Petybom and sun.

Source : brasil.gov.br