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Small business default: help is coming

R$30 billion should be made available to MEIs and companies included in Simples Nacional





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After Desenrola for Individuals, there is a version of the program for Legal Entities, which should alleviate the defaults of small Brazilian businesses.

The program envisages the use of R$ 10 billion to facilitate renegotiation, allowing debts to be repaid through the companies’ own resources or bank financing.

The Minister of Entrepreneurship, Microenterprise and Small Business, Márcio França, said that a debt renegotiation program aimed at small businesses will be launched by April. The initiative would be similar to Desenrola, which focuses on private individuals.

“We want to create a Desenrola for legal entities, along the same lines as natural persons,” the minister said.

To stimulate, the minister declared that he will make R$ 30 billion available to MEIs and companies included in Simples Nacional.

“Often, R$10,000 saves a company. We want to reach these entrepreneurs and show that they too are seen and will be supported,” she said.

André Forastieri is a journalist and entrepreneur, founder of Homework and the content and connections agency Compasso, as well as a mentor to professionals and executives. Find out more on andreforastieri.com.br.

Source: Terra

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