Caixa launched a line of credit targeting micro and small businesses

In partnership with the Ministry of Tourism Federal Savings Bank Launched a Line of credit It targets micro and small companies in the tourism sector. In total, R $ 1.2 billion is provided through the General Tourism Fund (fungetur).

Companies with annual sales of R $ 4.8 million can use the novelty introduced by the bank and the federal government to give an economic boost to businesses. In contrast to the last few months, where only large and medium companies can participate in the initiative.

The working capital financing period is 60 months, with a grace period of up to 12 months. Meaning that the entrepreneur can pay the first installment one year after closing the contract. at interest rates Offered by the program is 5% per year or 0.41% per month, plus Selic.

Who can apply for a credit line?

As mentioned earlier, the line of credit is exclusively targeting companies operating in the tourism sector, which are considered one of the companies hit hardest during the Covid-19 pandemic. To give you an idea, according to the Brazilian Association of Tour Operators (Braztoa), the category lost 2.7 million jobs during 2020 alone.

How do you get the resources?

Reaching the terms provided by the initiative requires companies to have more than 12 months of constitution, in addition to the mandatory certification in Cadastur, available through Location.

In addition to serving as a source of tourist advice, registering with Cadastur ensures other benefits for the businessman, such as access to low-interest financing, participation in federal government programs and projects, support at events, exhibitions and actions by the Ministry of Tourism as well as participation in qualification initiatives free of charge.

With registration, the company will be able to search for a Caixa branch or contact the bank by address Treasurer with your company To find out about options for obtaining credit.