See frequently asked questions about various types of assets and businesses that are or are not funded by financial agents.

1) There are specific lines of financing for the Non-Profit Organizations (associations) and cooperatives?

Yes, some finance officers associations and cooperatives with lines well suited to the needs of purchasing machinery and equipment, facilities and even working capital.

2) There are lines of credit to individuals, artists, freelance?

There are lines of funding devoted to the so called informal, and independent artisans. Among the most used are the lines of micro-credit institutions, the PROGER – Program for Employment Generation and Income Fund and the Constitutional * (benefit to the states).

Check your state that financial agents and institutions that serve the public microcredit in your area.

3) There is funding to support the export of products and services of micro and small enterprises?

There are lines of credit and banks specialized in operating with an export financing for small business. Are institutions that have portfolio of foreign exchange operations and are authorized by the Central Bank to purchase the export and import financing. Basically, the operations are subdivided into pre-shipment and post shipment.

The pre-shipment working capital to finance production of goods and services for export. The post-shipment finance imports of goods and services.

For details, see the email address of BNDES and its network of accredited financial institutions: www.bndes.gov.br / lines / exportacao.asp

4) As the financing for vehicles, which criteria?

Financial agents can finance vehicles and trucks, new or used, usually with a maximum 05 (five) years of use, and have to use the activities of venture funding, according to the specificity of the credit line. Vehicles can be financed only to walk to rental car companies.

It is interesting to guide the entrepreneur to also check the conditions of funding that automakers offer compared to the lines of financial agents.

5) We have cases where the customer demand for additional building / retirement, the bank requires that he present the total budget?

Because the bank considers the project as a whole. What has been accomplished with own resources and that will be funded. It is necessary that the work is regular with all regulatory agencies, so that later will not suffer any impediment to work.

If what has been accomplished is made in return for resources, is necessary due to evidence in the project, through invoices and receipts.

6) The Bank may grant financing for a company that is installed on rented property?

Banks are hardly restricted to the fact that a company situated in rented property, including, as it is a reality in this very small business.

Banks are restricted in grant funding for a business real estate not settled.

7) I want to buy the property where my business operates. The bank finances?

There is no line of credit to the company acquire land or buildings. If she already has the land, you can finance the construction.

I want to buy a company ready and already in operation, the bank finances?

No. Ready and running, no. However, it could be financed if the activity is from industry or the means of accommodation and is disabled. You can buy the property assets of the company. Ex: the machines with up to 5 years of use and Invoice of Origin.

The acquisition of the property and its buildings and facilities may only be funded if fulfilled, fulfill the following conditions, in addition to other applicable regulatory requirements:

* Existence of an area on behalf of the seller, drawn up and registered in the registration of property in the office of registration of property, according to law;
* Existence of annotation in the margins of the registration of the property, the buildings and facilities already constructed on the ground;
* Absence of any kind of charge real or legal, lawsuit reipersecutória and restrictive clauses such as usufruct, and inalienability unseizability, including restrictions arising from the property was subject to gift or sale by the public;
* Absence of any kind of embargo by competent official bodies such as municipalities, historical, CREA, environmental agencies, Department of Heritage Union (SPU) etc;
* The project is off for more than 2 years;
* The enterprise is not the object of operations “to be” the financing of investment;
* The funding will not be characterized as a recovery of capital;
* The project is considered of interest for the development of the area in which it is located;
* The value of the land is located where the venture is subtracted from the final price of the goods to be purchased with the resources of the credit;
* The unit whose purchase will be funded previously assessed by the central technical operational support (CENOP), or in the case of evaluation by others, this is convalidada by the technical CENOP.

9) Is there any restriction of funding for activities from lan house, Internet cafe and Home Video? And in the case of a rental video, the bank believes the DVD’s as fixed investment?

Yes, there are restrictions. In some lines of business financing for the operation of games, including electronic, no items are funded. Other banks consider launching a business house whose equipment is outdated very quickly.

The Home Video on some banks are financed, and the tapes and DVD’s can be considered as fixed investment.

10) The bank releases the resource funded directly into the client?

In the case of loan for working capital, usually the money is deposited into the client. In financing for fixed investments, the banks prefer to pay directly to providers upon submission of invoices. In cases of mixed investments are the two situations.

11) The bank requires proof of a resource? How?

The need for consideration of funding, yes. The proof may be through a deposit into the client agent in the donor, or through proof of payment to the supplier, with the presentation of receipt or invoice.

In some cases take up the investments already made for the project, duly supported with up to 06 (six) months of physical and financial achievement.

12) The bank gives a grace period?

Depends on the line of funding in question. For capital, the shortage is generally lower than for financing fixed investments and mixed. For long-term financing, the lack is on average 06 to 12 months but may be higher.

Important to explain that during the grace period the company did not repay the loan, but paid in part or in full the costs of financing.

In this period, although not fully charged to provide the funding to have normal incidence rate of interest, which will increase the outstanding balance of the operation.