Pronampe: Who Qualifies and What You Get
Small and medium businesses in Brazil can access low-interest credit lines for working capital or business investments through Pronampe.
Pronampe is a credit program designed to provide small and medium-sized businesses with more accessible financing options.
Who it's for
This scheme is intended for small and medium businesses looking to manage their finances or grow their operations.
What you get
You can access low-interest credit lines. This money can be used for working capital to cover daily business costs or for specific investments to expand your business.
What it costs you
The cost of the credit includes interest rates based on the Selic (the country's basic interest rate) plus an additional margin set by the bank. You will also need to go through a formal bank approval process.
The catch to know
It can be difficult to secure funding if you do not have an established relationship with a bank. Many financial institutions tend to prioritize their existing clients when distributing these credits.
How to apply
- Contact your bank or a financial institution that offers this credit line.
- Provide the necessary business documentation required for bank approval.
- Follow the specific application steps provided by your chosen bank.
- Check the official portal for more details: https://www.gov.br/pt-br/servicos/obter-credito-pelo-pronampe