FINAME is a Machinery and Equipment Financing, the result of a partnership between two large Brazilian companies: Caixa Econômica Federal and the National Bank for Economic and Social Development (BNDES).
BNDES FINAME uses BNDES resources to provide financing for the acquisition of new machinery and equipment for your company, including buses and trucks, regardless of its size and location in the country.
With this BNDES financing option, you benefit from special conditions and benefits, and you can count on Caixa to modernize your business.
The goods to be financed must be registered in the BNDES Computerized Manufacturers Accreditation – CFI, available for consultation on the BNDES website.
It is also possible to finance associated working capital, which may reach up to 30% of the financed amount.
What are the Advantages and Benefits of FINAME?
If you already have Caixa financing
- Ease of payment
Finance up to 85% depending on the size of your company and the asset being financed.
Finance up to 30% of the financing amount in associated working capital. - Flexibility
Term defined according to the investment needs. Total term can be up to 120 months, with a grace period of up to 24 months. - Constant Amortization System (SAC)
Your payments get smaller with each payment.
Learn more.
How do I hire?
Objective
Financing of production and acquisition of national machinery and equipment accredited by BNDES.
Process
In general terms, the simplified financing flow follows these steps, with some variations, depending on the line:
- Find out about the product
Visit a Caixa branch and ask any questions you may have about financing and the necessary documents. - Wait for the analysis
A review of the documentation will be conducted, followed by a credit analysis. If all goes well, the transaction will be submitted for approval by the BNDES. - Sign the contractual instrument
After BNDES approval, it's time to sign and register the contract. This document is required for Caixa to issue payment authorization to the product supplier. - Release of resources
Once the asset is invoiced and the invoice/DANFE is presented at a Caixa branch, the Release Request is filed with BNDES. Once the funds are released, they are transferred directly to the supplier.
Observation: in the case of associated working capital financing, the amount is deposited directly into the customer's account.
Prerequisites
- Be a Caixa client company
- For companies that have been generating revenue for more than 12 months
Conditions
Financable products:
New national machinery and equipment, including trucks and buses listed in the BNDES Computerized Manufacturers Accreditation (CFI).
Charges
The total interest rate is composed as follows:
TOTAL INTEREST = Financial Cost + BNDES Interest + TIF + Caixa Interest + SURCHARGE (When SELIC Cost)
Being:
Financial cost: TJLP, limited to 6% per year – When the TJLP percentage is higher than the limit of 6% per year, the difference is incorporated into the outstanding balance or SELIC.
BNDES interest: 1.5% per year
Financial Intermediation Fee: 0.1%a.a. for Micro and Small Enterprises and 0.5% per year for Medium-Large and Large Enterprises.
Caixa Interest: the Caixa interest rate will be informed and negotiated together with the manager.
IOF in accordance with current legislation.
Rates
Hiring and Inspection Fee: charged automatically upon release of funds, according to parameters set out in the fee schedule in effect at the time of contracting.
The Guarantee Change fee: occurs in operations involving the fiduciary alienation of vehicles, and is charged in accordance with the current fee table.
Security Registration Fee: Applies to Vehicle Lien Transactions in states that use the National Lien System. Fee value is based on the current table.
Guarantees
Approval of partners/managers.
Fiduciary alienation of financed assets.
Contracting BNDES FINAME with FGI guarantee offers even better conditions in terms of rates and terms for the client.
* If additional guarantees are required, Caixa accepts all guarantees provided for in current regulations.
* The assets constituting the guarantee in favor of Caixa must be covered by insurance, depending on the type of asset, throughout the term of the contract.
BNDES FINAME EVENTS
Financing of new, custom-made machinery and equipment
BNDES FINAME EVENTOS uses BNDES resources to offer financing for the acquisition of new, custom-made machinery and equipment for your company, regardless of its location in the country.
With BNDES financing, you enjoy unique conditions and benefits and can count on Caixa to modernize and expand your business.
The goods to be financed must be registered in the BNDES Computerized Manufacturers Accreditation – CFI, available for consultation on the BNDES website.
This line is intended for companies with annual revenues of R$15 million or more.
The conditions are identical to those of BNDES FINAME.
Service channels
Customer Service – 0800 726 0101
Service is available 24 hours a day, 7 days a week.
The call can be made from a landline or cell phone.
Ombudsman – 0800 725 7474
Service is available on weekdays, from 9:00 am to 6:00 pm.
The call can be made from a landline or cell phone.
Telephone
4004 9008 for capitals and metropolitan regions
0800 950 9008 other regions.
Social media
We also serve on Facebook.
Google Assistant
Access Caixa via Google Assistant.
Before Hiring
Before making any final decision, it is worth finding out all the details of each contract. Understand the bank's conditions and the available alternatives. As well as gain clarity on whether this is really the best time to do so.
Digital Insurance
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Check out our financing and loan simulation page.
Based on your interest in this topic, Digital Seguro recommends that you also see: BNDES Financing – for businesses of all sizes.