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: 13 Jul 2015 | Removal date: 13 Jan 2018
Still in force

State loan

On 13 July 2015, the Brazilian Company of Innovation and Research (FINEP) announced the approval of BRL 68.3 million (USD 20 million) loan allocated to the local investor TPI Triunfo Participacoes e Investimentos S.A. The objective of these resources is to finance the pre-investment and innovation CONCEBRA program. 

The repayment deadline for the credit has been set to 13 January 2018.


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

711 Financial, insurance & pension services, excl. investment banking

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