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Sunday, December 21, 2014

Small Business Loan

Getting a grant of loan such as microcredit for developing business can be one of the most important factors for the economy of a city, especially from the point of view of socio economic development.

Generally not need to wait for a medium or long period to feel the beneficial loan to companies. When the resources of the small loan business is well run, the positive impacts can be immediately seen, the reduction of informality and greater product offering in the market is almost immediate.

The loan to small businesses have become increasingly essential for entrepreneurs, this tool is essential especially for small businesses. Usually the loan proceeds used to put growth projects such as installation plans, expansion or modernization of business.

And speaking of credit for small businesses, recently the Inter-American Development Bank (IDB) and the National Bank for Economic and Social Development (BNDES) signed an agreement to guarantee loans to expand the breath of thousands of micro entrepreneurs and for years to come .
By all indications not lack resources for entrepreneurs with expansion plans, the IDB granted to BNDES a $ 3 billion loan to finance micro projects, small and medium-sized Brazilian companies. In turn, BNDES, largest investor bank in the country in small business, has to release financing, plus £ 3 billion reais in own resources, adding the values are more than $ 6 billion (or US $ 10 2 billion) for use in favor of Brazil's growth that are available to various productive sectors.

Those interested in BNDES loans for companies will have access to credit through the network of accredited financial agents of the BNDES. The estimate of the Multisectoral Programme is that in the first months more than 220,000 transfer operations benefit more than 100,000 micro-enterprises, which is the most requester.

So if you are an entrepreneur and has plans to install or expand its business for 2011, stay tuned credit offers provided by BNDES bank.