There is a line of credit with the Bank of Brazil Corporate Loans, aimed at micro and small companies. With this possibility of acquiring credit, the entrepreneur can meet various needs and seek to expand his micro and small business with: the purchase of more raw materials, more tools and more opportunities.
Of all the alternatives, bank lending is the most bureaucratic
They also usually have high interest rates, which end up making the loan expensive. It is therefore interesting to opt for the alternative only when it is the only solution. To understand all the available business loan services and which bank is best, read:
This great resource solution is focused on entrepreneurs who need to pay off accumulated tax debts or who need an injection of external values to be able to expand further. Beginning of the year debts tend to affect the entire population, including micro and small entrepreneurs, self-employed workers and small investors who can rely on Banco do Brasil corporate loans.
What are the payment deadlines for entrepreneurs with Banco do Brasil?
The payment terms reach 24 months and may reach 90 days with grace period for the payment of the first installment and with rates of 2.42% per month, one of the lowest rates in the market. The terms can be adjusted as you plan to settle the amounts raised with the bank. This corporate credit line also has the differential of the Parcel Bonus in Day.
That is, you will have a 10% interest return paid by you on each installment paid by the due date. This amount is credited to the user account immediately after the payment of the installment, as soon as the repayments of the installments settled on time. From this benefit, the values and rates tend to get better and better, reaching 2.18% per month. Plan a business loan with Banco do Brasil and enjoy the advantages.
What are the advantages of Banco do Brasil Corporate Loans?
In addition to the low interest rates on these loans, micro and small business owners can save up to 70% of the IOF – Tax on Financial Transactions – in transactions with the bank, and this charge follows a zero rate, which focuses on Pasep resources. which is part of the credit line. This makes a lot of difference and provides real support for micro and small business owners to expand over the long term.
This year, Banco do Brasil reported that the support offered by its credit lines is fundamental to assist micro and small business owners in the payment of taxes that arrive in the first months of the year. As such, the line of credit still serves as a way to keep the company’s accounts up to date.
More than 20,000 micro and small entrepreneurs and self-employed workers sought to take advantage of the resources of Banco do Brasil Corporate Loans in 2016, generating a turnover of around R $ 870 million in that year alone. For micro and small entrepreneurs and self-employed workers who wish to contract a loan from Banco do Brasil, the company needs to be an account holder and will have to go through a credit analysis.