IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 03 Jul 2017 | Removal date: 03 Jan 2019
Still in force

State loan

On 3 July 2017, the Brazilian Company of Innovation and Research (FINEP) announced the approval of circa BRL 79.7 million (USD 24 million) loan allocated to the local online retailer of sporting and leisure goods NS2.com Internet S.A. The objective of these resources is to finance its "360 E-Commerce" strategic plan.

The repayment deadline for the credit has been set up on 3 January 2019.


FINEP lending
The resources enclosed on the programs managed by FINEP are limited to Brazilian companies and seek to boost the national and international competitiveness of these businesses.

The interest rates set on the credit lines are composed of the long-term interest rate (TJLP) plus a supplement ranging between 1.5% and 7%, depending on the credit line and the repayment period.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

623 Mail order or Internet retail trade services

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