ANNOUNCEMENT 31 Jul 2014
The Brazilian government-funded Company of Innovation and Research (FINEP) approved a loan of BRL 39.9 million to Resource Tecnologia E Informatica Ltda.
NUMBER OF INTERVENTIONS
Brazilian Company of Innovation and Research. Empresa Brasileira de Inovaçao e Pesquisa. Projetos contratados e valores liberados. Retrieved on 02/05/2018. Available at: http://finep.gov.br/acesso-a-informacao-externo/transparencia/projetos-contratados-e-valores-liberados
Brazilian Company of Innovation and Research. Empresa Brasileira de Inovaçao e Pesquisa. Financiamento Reembolsável. Available at: http://finep.gov.br/component/content/article/120-apoio-e-financiamento/tipos-de-apoio/financiamento-reembolsavel/42-financiamento-reembolsavel
On 31 July 2014, the Brazilian Company of Innovation and Research (FINEP) announced the approval of a loan of BRL 39.9 million (circa USD 17.6 million at the time of the measure) allocated to Resource Tecnologia E Informatica Ltda., a local IT firm engaged in the development, computer-related services and consulting. The objective of these resources is to finance the conception and development of an integrated money laundering prevention system.
The repayment deadline for the credit has been set to 31 January 2016.
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.