Credit lines are intended for exporters affected by US tariffs; Bank president Aloizio Mercadante said that “no one will be left behind”
The president of (National Bank for Economic and Social Development), Aloizio Mercadante, signaled on Friday (22.2025) that exporting companies that had more than 5% of revenues impacted by the United States will be prioritized in access to credit lines. The calculation will consider the period from July 2024 to June 25.
The head of the Federal Development Bank granted an interview in Rio to detail how the concession will work. “No one will be left behind”declared Mercadante.
The government of the president (PT) issued on August 13 the Provisional Measure No. 1,309, which for Brazilian exporters affected by the US. The text, with force of law, was published in the Official Gazette of the Union The same day. Read A (PDF – 188 KB).
The Planalto calls the measure “Brazil sovereign”. At the time, the government did not give details of interest that will be charged or deadline for financing.
The Ministries of Finance and Industry defined criteria to contemplate companies:
- Companies will have access to exports to the US impacted by the 50% rate disappear at least 5% of total gross revenues;
- impact greater than or equal to 5% – They can access the Giro diversification line and the guarantee of the PEAC FGI (Emergency Credit Access Program), in the case of micro, small and medium enterprises;
- impact greater than or equal to 20% – They can access all lines and guarantees of the FGI-PEAC (Emergency CreditCom Access Program Guarantee Fund Guarantee for Investment) and FGO (Operations Guarantee Fund) in the case of micro, small and medium enterprises.
Maintenance of Jobs
Companies contemplated by the FGE (Export Guarantee Fund) will have to prove the maintenance of the number of employees. The data source will be e-Social.
- initial reference – average of the values calculated between the last business day
July 2024 and the last business day of June 2025;
- meta final – Average of the values calculated in the period between the last business day of the 5th month and the last business day of the 16th month after contracting the financing.
Conditions
Here’s the conditions below and the credit lines:
- Giro capital – Financing of general operational spending.
- Fixed interest rate – up to 0.66% per month for micro, small and medium -sized companies and up to 0.82% per month (10.31% per year) for large companies;
- term – Up to 5 years, including up to 1 year of grace.
- Diversification – financing to search for new markets.
- Fixed interest rate – up to 0.66% per month for all companies;
- term – Up to 5 years, including up to 1 year of grace.
- maximum value per company, added the two lines of credit – Up to R $ 35 million (micro, small and medium companies) and up to R $ 200 million (large companies).
- Capital goods – acquisition of machinery and equipment
- Fixed interest rate – up to 0.58% per month for all companies.
- Maximum value per company – up to R $ 150 million.
- term – Up to 5 years, including up to 1 year of grace.
- investment – technological innovation, adaptation of the productive activity of products, services and processes, and densifying the production chain
- Fixed interest rate – up to 0.58% per month for all companies;
- Maximum value per company – up to R $ 150 million.
- term – Up to 10 years, including up to 2 years of grace.
The guidelines were defined at an extraordinary meeting of the CMN (National Monetary Council) on Friday (22nd). BNDES and BANCO DO BRASIL will operate the credit lines.
BNDES
BNDES will offer R $ 10 billion in its own credit lines to help exporting companies affected by the United States. The contribution covers any percentage of fare, according to the financial institution.
“We are comfortable with these $ 10 billion. We think this $ 10 billion will respond. We are taking this year’s capture in LCD [Letra de Crédito do Desenvolvimento] and directing ”told Mercadante to journalists.
Who can access
- Companies with US failed products (any percentage of fare);
- companies of all sizes, even those already served by the FGE lines (Export Guarantee Fund).
What are the lines
- Complementary Emergency Giro – Financing for General Operational Expenses;
- Complementary diversification – financing to search for new markets.
What are the financial conditions
- Complementary emergency turn – Financing for general operational expenses;
- Interest Rate (LCD): 1.15% per month + spread banking;
- term: Up to 5 years, including up to 1 year of grace.
- Complementary diversification – Financing to search for new markets;
- Interest rate (Fat Currency) – 0.29% per month + dollar variation + bank spread;
- term –Up to 7 years, including up to 1 year of grace.
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