Sistema B Brasil plans to raise up to BRL 15m for lending program for companies engaged with impact businesses
Sistema B Brasil planeja levantar até BRL 15m para programa de empréstimos de empresas envolvidas em negócios de impacto
Intel ID : 297740
Synopsis |
The global movements Sistema B (dedicated to the strengthening and growth of the global movement of B Corporation) in Brazil and Capitalismo Consciente, along with Din4mo and Trê Investindo com Causa, created CoVida20, a lending program that will offer loans with lower interest rates, extended terms and grace period for payment to companies engaged with impact businesses. In the first round, the expectation is to raise BRL 15m. Companies with up to BRL 10m annual revenue may apply for financing. Businesses with revenues between BRL 0,36m and BRL 5m per year will have priority. The financing conditions will vary, with a maximum term of 60 months, a grace period of up to 12 months and an interest rate of up to 0.5% per month.
(content in portuguese)
Os movimentos globais Sistema B (dedicado ao fortalecimento e crescimento do movimento global da B Corporation) no Brasil e o Capitalismo Consciente, juntamente com Din4mo e Trê Investindo com Causa, criaram a CoVida20, um programa de empréstimos que oferecerá empréstimos com taxas de juros mais baixas, prazos estendidos e período de carência para pagamento a empresas envolvidas com negócios de impacto. Na primeira rodada, a expectativa é captar BRL 15m. Empresas com receita anual de até BRL 10m podem solicitar financiamento. Negócios com receita entre BRL 0,36m e BRL 5m por ano terão prioridade. As condições de financiamento variam, com prazo máximo de 60 meses, carência de até 12 meses e taxa de juros de até 0,5% por mês. |
Intel ID | 297740 | |
Value | EUR 2,41m | |
Native Currency |
Brazilian Real (BRL)
Exchange Rate: |
|
Date | ||
Country | ||
Geography | ||
Subsector (Old TTR Sectors) |
|
|
Type | ||
Intel Grade | ||
Source | ||
Tags |
Target
Name |
|
||
Subsector (Old TTR Sectors) |
|
||
Primary Sector (TTRSC) |
50.02.04 Human Rights NGOs 50 Public Services & NGOs / 50.02 Non-Governmental Institutions, Organizations & Associations |
||
Secondary Sectors (TTRSC) |
10.01.02 Consulting & Professional Development Services 10 Business Services / 10.01 Business & Professional Support Services 10.01.99 Other Business & Professional Support Services 10 Business Services / 10.01 Business & Professional Support Services 15.06.99 Other Education & Training Services 15 Consumer Products & Services / 15.06 Education & Training Services |
||
Country | |||
Website | |||
Description |
Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.