Brazil - Project FinancingBrazil - Project Financing
Direct Loan by Local Development Bank to Buyer (in foreign currency):
Local companies can arrange at-market or even below-market direct loans with the Brazilian National Economic Development Bank (BNDES). In many cases, the funds can be used to purchase goods from U.S. exporters. Some companies claim that the loan approval process is bureaucratic and consequently slow.
Import Finance by a Latin American Bank (in Foreign Currency):
A Latin American bank pays a U.S. exporter in advance for goods to be shipped to a Latin American buyer. The Latin American bank is essentially providing the buyer a loan and the buyer will have to repay the bank per their financing agreement. In Latin America, this type of financing generally has a six-month grace period after which the buyer must begin repaying the Bank. Although this option is extremely expensive for Latin American buyers, it is frequently the only alternative available to them, particularly when they are purchasing larger ticket capital equipment items. Ex-Im Bank also offers a variety of trade and project finance options.
Multilateral Development Banks:
U.S. Commercial Service Liaison Offices at the Multilateral Development Banks (Inter-American Development Bank), World Bank.
The Commercial Service maintains Commercial Liaison Offices in each of the main Multilateral Development Banks, including the Inter-American Development Bank and the World Bank. These institutions lend billions of dollars in developing countries on projects aimed at accelerating economic growth and social development by reducing poverty and inequality, improving health and education, and advancing infrastructure development. The Commercial Liaison Offices help American businesses learn how to get involved in bank-funded projects, and advocate on behalf of American bidders.
Learn more by contacting the Commercial Liaison Offices to the Inter-American Development Bank and the World Bank.
Brazil Market Access Project Financing