Chamber approves MP that extends maximum term for Pronampe loan payments

The plenary of the Chamber of Deputies approved, this Wednesday (1st), a Provisional Measure (MP) that extends the maximum term for loan payments of the National Support Program for Micro and Small Businesses (Pronampe).

The text establishes that the term changes from 48 months (4 years) – which depending on the situation could be 60 months – to 72 months (6 years).

In this case, the collection of defaulted credits already honored by the Operations Guarantee Fund (FGO) under Pronampe will not be considered.

A novelty included by the rapporteur, Yury do Paredão (PL-CE), is a grace period of up to one year for the start of payment of the financing installments.

The matter now goes to the analysis of the Federal Senate.

The MP was edited at the end of last year by the government of the then President of the Republic, Jair Bolsonaro (PL). According to the government, at the time, the initiative could benefit almost 500,000 companies that must renegotiate Pronampe credits.

The program was created in May 2020 in an attempt to help companies amid the crisis generated by the Covid-19 pandemic.

The text also deals with points related to the extraordinary renegotiation of debts within the scope of the Constitutional Fund for Financing the North (FNO), the Constitutional Fund for Financing the Northeast (FNE) and the Constitutional Fund for Financing the Midwest (FCO), in addition to to seek to facilitate the promotion of science and technology and to change the Emergency Program for Access to Credit.

Source: CNN Brasil

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