Supplier credit pre-shipment loan

Financing for production of goods and services by internationally competitive companies established under Brazilian law. Transactions are carried out through the accredited financial institutions in Brazil. Interest rate: Financial cost + BNDES spread + financial institution spread. BNDES may finance up to 70% of the supply contract depending on the company size and the type of goods and services exported. Tenor: Up to 36 months

Supplier credit post-shipment loan

Refinancing for acquisition of goods and/or services eligible for BNDES support, through the discount of credit instruments (promissory notes or bills of exchange) or the assignment of the L/C related to exports.

• Clients: Exporters of any size, established under Brazilian law
• Interest rate: LIBOR + BNDES spread + cost of the guarantee
• Tenor: Up to 15 years
• Guarantees and collateral: Available to foreign banks, multilateral organizations, Brazilian financial institutions, export/importer’s direct risk, and export credit insurance
• BNDES may finance up to 100% of the supply contract

Buyer credit post-shipment loan

Financing for importers to acquire goods and/or services provided by Brazilian exporters and listed as eligible for BNDES support

• Interest rate: LIBOR + BNDES spread + cost of the guarantee
• Tenor: Up to 15 years
• BNDES may finance up to 100% of the supply contract
• Guarantees and collaterals: Available to foreign banks, multilateral organizations, Brazilian financial institutions, export/importer’s direct risk, and export credit insurance

BNDES Exim Automatic

Provides support to trade Brazilian goods abroad at the post-shipment phase through a network of accredited banks

Financial structure:

• L/C: Issued or confirmed by the foreign bank in favor of the exporter
• Contractual formalization: Disbursement authorizations issued by the foreign bank through a specific contractual instrument signed between the foreign bank and BNDES

Eligible customers: Brazilian exporters, importers, and foreign banks.

Eligible goods: Brazilian capital goods and consumer goods.

BNDES may finance up to 100% of the supply contract up to USD 10 million.

Tenor: Up to 5 years, payable in up to 10 consecutive semi-annual installments.

Interest rate: LIBOR + BNDES spread (0.4%–1.35% depending on OECD country risk classification of foreign bank’s country).