Deprecated: Non-static method FW_ErrorHandler::add() should not be called statically in /var/app/current/Framework/Framework/classes/FW_DBGateway.php on line 134 Deprecated: Non-static method FW_ErrorHandler::mailErrorToAdmin() should not be called statically in /var/app/current/Framework/Framework/classes/FW_ErrorHandler.php on line 12
AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On 2 May 2019, the BNDES has approved a pre-shipment loan to Teksid do Brasil Ltda to finance its exports of iron and aluminium products.
The total value of the approved loan has been circa BRL 86.8 million (circa USD 22 million at the time of the approval).
The economic resources have been distributed via the BNDES Exim Pré-embarque credit scheme which provides companies with loans with preferential interest rates of up to 80% for big companies and 100% for SMEs, and terms ranging between 3 and 4 years depending on the size of the company. Moreover, these credits are disbursed before the manufacturing and exportation of the goods.
⚑ Please report this page in case you detect an inaccuracy in its content.