Concept
Loan offered to meet the client's cash flow or business cycle needs.

Terms
Minimum of 30 days and maximum depending on repayment capacity, as verified by customer cash flow and based on market conditions.

Collateral
Collateral signatures from partners and spouses with shareholder control plus additional collateral that may consist of security pledges, checks, mortgage of real estate, commercial pledges, chattel mortgage and others, negotiable case by case.

Financial Charges
Financial charges are prefixed or postfixed, according to market conditions.

Taxes
Financial Transactions Tax (IOF) at 0.0041% per day on the balance financed.

Tariffs
When collateral is a security pledge, tariffs are levied on securities.

For loans with other forms of collateral, all evaluation and registration expenses are the responsibility of the borrower.

Advantages for the client
• Covers occasional cash needs for purchase of goods or raw materials, for payment of suppliers, salaries, personnel charges, taxes, etc.
• Receivables collected by Banco Gerdau.
• Rates compatible with market practice and volume of operations.
• Facilitates business cash flow.
• Swift solution for unforseen financial needs.