Concept
Loans guaranteed with performed or contracted receivables, to cover occasional shortfalls of client's resources, with the aim of smoothing out its cash flow or operating cycle.

Terms & Conditions
Bonds linked to this operation should have terms of not less than nine days and value of not less than R$ 200.00 per bond.

Collateral
Collateral in the form of performed bonds offered in guarantee, or through formalization of banking domicile with Banco Gerdau for future (contracted) receivables. Collateral is irrevocable and non-retractable, authorizing Banco Gerdau to use these resources to amortize the loan.

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

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

Tariffs
Tariffs are levied on the listing / bond.

Advantages for the Client
• Coverage of cash needs for purchase of merchandise or raw materials, payments to suppliers, salaries, human resources expenses, taxes and so on.
• Collection of payments by Banco Gerdau.
• Simple administration of company's cash flow.
• Quick solution for unforeseen capital needs.