The BB Corporate loan is a good opportunity for anyone looking for working capital for their company. Whether to make payments to suppliers or increase product inventory.

Therefore, how about getting to know this line of credit better and assessing whether it meets the financial needs of your establishment? Let's go!

At first, the BB Corporate loan is intended for Banco do Brasil account holders who have a business account at the bank and are looking for working capital to reinforce their company's cash flow.

Payment of installments is debited from your current account and you can choose the best date for payment, which can be done in up to 36 installments. 

In addition, you can offer guarantees to the bank to improve the company's credit analysis. That is, by offering the establishment's receivables, as well as real estate, vehicles and other assets, you can guarantee a higher limit and better rates.

So, the loan does not have a fixed or pre-approved limit. This is because the amount released depends on the credit analysis that is carried out by Banco do Brasil with the credit protection agencies.

This analysis takes into account the risks of the operation and the financial history of the client to assess whether there is capacity to pay the installments. Only after this verification does the bank inform the amount made available, as well as the interest rates and the number of loan installments. 

First of all, it is important to remember that when applying for a line of credit, it is very important to do a simulation to make sure you can afford the amount of the installments. In this way, you avoid harming your company's relationship with the bank.

So, like every line of credit, the BB Corporate loan has positive and negative points that must be taken into account before contracting. Find out what they are below.

One of the main positive features of this loan is its practicality. The amount made available falls directly into your company's account or your suppliers' account. You can even choose the best date to pay the installments.

In addition, Banco do Brasil offers a grace period of up to 90 days for the payment of the first installment and you do not need to justify the purpose of the loan. This way, you have more freedom to use the credit as you see fit. 

In addition, you can also count on the Protected Credit Company Insurance. It offers much more security in case something unforeseen happens to a partner of the company, such as death or disability due to an accident. 

As it is a loan where the customer does not need to justify the requested amount, interest rates are slightly higher due to the risks for the institution. 

In addition, depending on your company's financial history, the bank may require some asset as collateral to release the requested amount. This guarantee can range from surety or endorsement to receivables, as well as vehicles and real estate.

So, applying for your BB Business loan is very simple. First of all, you need to be an account holder at the bank and go to your branch with the personal documents of the partners, as well as your company documents and a statement of results. 

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