Sebrae is making efforts to renegotiate debt

Sebrae is making efforts to renegotiate debt

Ciprii, until November 11, will carry out its collective effort to Debt renegotiation🇧🇷 The event will also rely on collaborators who offer exclusive conditions to those who wish to solve their outstanding financial issues. Among them are Caixa Econômica Federal and Banco do Brasil.

This task force is targeting only legal entities, i.e. Individual Small Entrepreneurs (MEIs) and Micro, Small and Medium Enterprises owners will be able to participate in this event. The main objective is to cancel the debts incurred by these companies and facilitate access to more credit for investments and the creation of new businesses.

Read more: Sebrae opens registration for the selection of more than 2,000 fellows in 14 Brazilian states

Understand how efforts to renegotiate Sibra’s debt will work

Those who have a CNPJ and have some debt need to contact Sebrae to reach better conditions to repay this debt. Receivables refer to working capital, financing, credit cards, and overdrafts, among others.

According to Sebra, this event is being held to offer better conditions for companies to repay their debts. Thus, it will be possible to find lower interest rates, a deadline for paying the first installment and many other advantages.

The joint effort is implemented by Sebrae in Aracaju (SE), and also includes the participation of banks such as Banese, Caixa Econômica Federal, Banco do Brasil, Banco do Nordeste and Bradesco.

How to participate?

Companies interested in participating in the event should go to Sebrae’s headquarters in Aracaju on joint effort days, between 9am and 1pm. The head office is located at Avenida Tancredo Neves, 5500, América.

See also  Economics in Debate: Advantages and Disadvantages of Brazil in the OECD

Data about complications

Upon arrival in the city of Sebrae, interested representatives are required to announce the financial institution where the company has debts and wait for their turn to be served.

According to a survey conducted by Sebrae, with Fundação Getúlio Vargas (FGV), nearly 19% of small and micro businesses in Sergipe state have some kind of default. This percentage also includes MEIs. This number is the lowest in the staff’s history, as the highest rate, recorded between May and July 2020, was 41%.

It is estimated that this drop in the ratio is related to the fact that companies are more careful when applying for more credit.

You May Also Like

About the Author: Camelia Kirk

"Friendly zombie guru. Avid pop culture scholar. Freelance travel geek. Wannabe troublemaker. Coffee specialist."

Leave a Reply

Your email address will not be published. Required fields are marked *