Federal Truck Financing Program With a Budget of R$ 6 Billion Establishes Interest Rates Between 13% and 14% Per Year, Allows Purchase of New and Used Vehicles by Autonomous Drivers and Companies, Requires National Manufacturing, Encourages Recycling of Models Over 20 Years and Links Credit to Environmental, Social and Economic Criteria Defined by the Government
The Vice President and Minister of Development, Industry, Commerce and Services, Geraldo Alckmin, stated on Friday (19) that the 17% growth of this year’s harvest should boost the federal truck financing program, created by Provisional Measure published in the Official Gazette on Tuesday (16), with R$ 6 billion.
The minister said that the expansion of agricultural production increases the demand for road transport, the sector responsible for the majority of grain distribution in the country, and that fleet renewal is central to improving logistics efficiency and reducing operational costs.
Program Prioritizes Renewal and Expands Access to Credit
The Provisional Measure establishes financing lines for the acquisition of new or used trucks by autonomous truck drivers and transport companies, with resources directed toward the modernization of the Brazilian fleet, according to the text published in the Official Gazette.
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The use of credit for the purchase of used vehicles will be allowed only for autonomous truck drivers and individuals linked to road freight transport cooperatives, as established by the PM.
The text further stipulates that new trucks acquired with program resources must be exclusively of national manufacture, reinforcing the stimulus to the local industry and the automotive production chain.

Environmental Criteria and the Role of BNDES
The financing lines must meet criteria for environmental, social, and economic sustainability, which will be defined in an ordinance from MDIC, responsible for the complementary regulation of the program.
Resources will be transferred by the Ministry of Finance to BNDES, which will act as the financial agent and may provide its own resources to expand the available financing capacity.
The financial conditions, including interest rates, terms and grace periods, were set by the National Monetary Council. According to Alckmin, interest rates will be between 13% and 14% per year.
Incentive for Recycling and Efficient Models
The PM authorizes differentiated conditions for financing linked to the delivery of trucks over 20 years old for recycling, a measure aimed at removing old vehicles from circulation.
The text also encourages the acquisition of more efficient models by autonomous carriers, while an act from MDIC will define how the definitive withdrawal of the vehicle and its forwarding to recycling companies will be proven.

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