{"id":55085,"date":"2016-09-06T18:14:00","date_gmt":"2016-09-06T20:14:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/businesses-to-get-improved-export-credit-conditions\/"},"modified":"2019-06-30T12:51:21","modified_gmt":"2019-06-30T15:51:21","slug":"businesses-to-get-improved-export-credit-conditions","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/businesses-to-get-improved-export-credit-conditions\/","title":{"rendered":"Businesses to get improved export credit conditions"},"content":{"rendered":"<p>Rio de Janeiro &ndash; The Brazilian Development Bank (BNDES) is offering new financing conditions for domestic production of goods for export, under the Linha Exim Pr&eacute;-embarque credit line. <\/p>\n<p>BNDES said the measures apply to small and medium-businesses, but mostly so-called medium-large companies, with gross annual revenues in the BRL 90 million to BRL 300 million range. <\/p>\n<p>These three enterprise categories will get access at the rate known as Taxa de Juros de Longo Prazo (TJLP &#8211; Long-Term Interest Rate), which is 7.5% per annum. The bank will finance as much as 70% of the total value of projects. Previously, medium-large businesses would pay as much as large companies. <\/p>\n<p>Large businesses, with annual revenues higher than BRL 300 million, which have easier access to commercial banks, the BNDES will finance up to 70% for capital and consumer goods, with 30% of debt to be repaid at TJLP rate and 70% at the benchmark interest rate (aka Selic) for capital goods, and 100% to be repaid at the Selic rate for consumer goods. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong> &#8216;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New financing conditions for foreign sales have been approved by the Brazilian Development Bank (BNDES), mostly targeting companies in the USD 28.16-USD 93.87 million per year revenue range.<\/p>\n","protected":false},"author":2315,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-55085","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"New financing conditions for foreign sales have been approved by the Brazilian Development Bank (BNDES), mostly targeting companies in the USD 28.16-USD 93.87 million per year revenue range.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/55085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2315"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=55085"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/55085\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=55085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=55085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=55085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}