IS FUNDING IMPORTANT
TO YOUR DECISION?
Estaleiro Rio Maguari has experience in analyzing Brazilian financing resources and a variety of types of financial options are available for any type of vessel.
FUNDING SOURCES
The main resources of financing for shipbuilding in the country are: Merchant Marine Fund (FMM) and FINAME, to which are added the FNO for the North Region and BNDES EXIM and PROEX (Banco do Brasil) for the export of vessels.
FMM
The Merchant Marine Fund is a development agency intended to provide resources for the development of the Merchant Navy and the Brazilian shipbuilding and repair industry.
The FMM is administered by the Ministry of Transport and its financial agents are BNDES and other official federal banks.
FMM
With the enactment of Law 14301/2022, popularly known as BR do Mar, the FMM can now also be used to finance foreign shipowners as long as the construction is carried out in a national shipyard.
FINAME
FINAME is a line of financing from the National Bank for Economic and Social Development – BNDES aimed at financing the production and acquisition of national machinery and equipment accredited by BNDES.
FNO
The Constitutional Fund for Financing of the North – FNO aims to contribute to the promotion of economic and social development in the region, through financing programs for private productive sectors and its resources are managed by Banco da Amazônia.
BNDES EXIM
BNDES Exim is a line of credit from the National Bank for Economic and Social Development (BNDES) for the production or sale of pre- and post-shipment goods and services for export.
PROEX
The Financing modality, from Proex, is the main public instrument to support Brazilian exports of post-shipment goods and services, at interest compatible with those practiced in the international market, using funds from the National Treasury.