BNDES Opens Applications for Brasil Soberano 3 Credit Package

Overview

• BNDES opened the application protocol on Thursday, September 17, 2026, allowing companies to apply for the third phase of the Brasil Soberano program.
• The package totals R$22.6 billion made up of R$13.5 billion from the Treasury and about R$9 billion from BNDES after the bank raised its participation from an earlier plan.
• Three groups are eligible: exporters and their suppliers affected by U.S. tariffs, firms in strategic or low‑carbon transition sectors, and exporters to Gulf countries plus their suppliers.
• Companies in the U.S.‑exposed and Gulf exporter groups must show those sales were at least 1% of revenue in the regulation’s reference period to qualify.
• Loans can fund working capital, export finance, machinery and investment projects at rates from 4.3% to 17.5% a year and firms must verify eligibility and apply through the BNDES online platform.