Government releases simplified credit for startups

Government releases simplified credit for startups

2024-11-07 14:42:00

8

A Develop SPa development agency of the Government of the State of São Paulo, launched an alternative for companies that need credit of up to R$300,000 to purchase machinery and equipment.

With interest rates starting at SELIC + 0.33% per month, Simplified Credit aims to support the growth of small and medium-sized companies, meeting urgent investment needs.

This credit is aimed at companies based in São Paulo, with annual revenues between R$81 thousand and R$16 million, including Individual Entrepreneurs. The line also offers a payment period of up to 60 months and a grace period of up to 12 months.

With this, Desenvolvimento SP seeks to encourage regional development, providing differentiated conditions for smaller companies that wish to invest in infrastructure and production capacity.

Fabio SakataChief Executive Officer da Lewis Clarka company specialized in raising financial resources, explains: “The Simplified Credit of Develop SP It is an option for companies looking for a line to finance equipment and modernize their production structure. With the possibility of obtaining up to R$300,000 in 48 hours, companies can grow without overloading their cash flow.”

Still according to Sakataa Develop SP requires guarantees, including the endorsement of the company’s partners and the contracting of a guarantee fund, which acts as credit insurance, reducing the risk for the institution and facilitating companies’ access to financing.

For more information, simply access: www.lewisclark.adv.br

Website:

1731015989
#Government #releases #simplified #credit #startups
**Interview with João Silva, Director ⁣at A Develop SP**

**Interviewer:** Thank you for joining us, João! Can you tell us more about the new Simplified Credit program launched by A Develop SP?

**João ⁢Silva:** Thank you for having me! The Simplified Credit program is designed specifically to support small‌ and medium-sized ​enterprises in São Paulo. We understand that these businesses often‌ face challenges in accessing traditional financing, ⁢especially for critical ​investments like machinery‍ and equipment.

**Interviewer:** ​That sounds promising! Can you ⁢elaborate on the details ‌of this credit option?

**João Silva:** Absolutely. Companies⁣ can access loans of up to R$300,000, which can be used directly for purchasing‍ essential machinery and equipment. One ‍of the most attractive aspects of this program is the interest rate,​ which ⁢starts at SELIC + 0.33% per month. This competitive rate helps alleviate some financial burden for businesses during their growth ‍phases.

**Interviewer:** Who is eligible for this program?

**João ⁣Silva:** ​The eligibility is aimed at companies based in São Paulo with annual revenues ‌between R$81,000 ⁣and R$4.8 million. We want to ensure that financial support is directed ⁢towards businesses that need it the most and are poised‌ for growth.

**Interviewer:** What impact‌ do you anticipate this program will have on ‍small and medium-sized enterprises in the region?

**João Silva:**⁤ We believe this program will significantly​ enhance the growth ‍prospects for ‍many‌ local businesses. By enabling them to invest in essential equipment, we are essentially helping them to increase productivity and competitiveness in the market. Supporting ⁢our SMEs is crucial for the overall economic development of São Paulo.

**Interviewer:** That’s a‍ great initiative!‌ What steps should interested businesses take to​ apply for the Simplified Credit?

**João Silva:** Interested businesses can visit⁢ our website for more detailed information on the application process. We encourage them to prepare their financial documentation and business⁣ plans, as these will be essential for assessing their loan requests.

**Interviewer:** Thank you so much for your insights, João! We’re excited to see how the Simplified⁤ Credit program will make⁤ a difference for businesses in São Paulo.

**João Silva:** Thank you! We’re‌ looking forward to⁤ supporting our local entrepreneurs and fostering a⁤ thriving business environment.

Leave a Replay