Authorizations, disbursements, and country export data

• Financing for production of goods and services by internationally competitive companies established under Brazilian law
• Transactions are carried out through the accredited financial institutions in Brazil
• Interest rate: Base rate (TLP, Selic, Treasurey, or SOFR) + BNDES spread + financial institution spread
• Tenor up to 4 and five years depending on the category of good exported
• BNDES may finance:
• Up to 100% of the export commitment FOB for micro, small, and medium companies
• Up to 80% of the export commitment FOB for large companies
• Loans can be in USD or EUR
• Financing may be to exporting companies or to commercial exporting companies in the supply chain

• Refinancing for acquisition of goods and/or services eligible for BNDES support, through the discount of credit instruments (promissory notes or bills of exchange) or the assignment of the L/C related to exports
• Clients: Exporters of any size, established under Brazilian law
• Interest rate: Base rate + BNDES spread + cost of the guarantee
• BNDES administration fee of 1% flat on the contracted principal amount, bank fee of 1% on disbursements, and commitment fee of 0.50% per year
• Tenor: Up to 15 years
• BNDES may finance up to 100% of the supply contract
• Guarantees and collateral: Available to foreign banks, multilateral organizations, Brazilian financial institutions, export/importer’s direct risk, and export credit insurance

• Financing for importers to acquire goods and/or services provided by Brazilian exporters and listed as eligible for BNDES support
• Interest rate: Base rate + BNDES spread + cost of the guarantee
• BNDES administration fee of 1% flat on the contracted principal amount, bank fee of 1% on disbursements, and commitment fee of 0.50% per year
• Tenor: Up to 15 years
• BNDES may finance up to 100% of the supply contract
• Guarantees and collaterals: Available to foreign banks, multilateral organizations, Brazilian financial institutions, export/importer’s direct risk, and export credit insurance

• Provides support to trade Brazilian goods abroad at the post-shipment phase through a network of accredited banks
• Financial structure:
• L/C: Issued or confirmed by the foreign bank in favor of the exporter
• Contractual formalization: Disbursement authorizations issued by the foreign bank through a specific contractual instrument signed between the foreign bank and BNDES
• Eligible customers: Brazilian exporters, importers, and foreign banks
• Eligible goods: Brazilian capital goods and consumer goods
• BNDES may finance up to 100% of the supply contract up to USD 10 million
• Tenor: Up to 7 years
• Interest rate: SOFR + BNDES spread (0.4%–1.35% depending on OECD country risk classification of foreign bank’s country)

• Exports of goods are categorized into three groups—high value-added goods are provided more generous credit terms (lower BNDES spread)

• Focuses on three factors: Strategic, local, and socio-environmental development

• BNDES does not support:
• Banking/financial activities
• Weapons trade
• Motels, saunas, and establishments for adult entertainment and gambling

• Supports the internationalization of Brazilian companies with up to 60% of the total investment

• Supports environmental protection

• Transactions must meet social and environmental responsibility requirements

• 2024: BNDES support for innovation reached BRL 5.3 billion in operations approved in 2023