Product & Service
Loan to Non-Bank Financial Institution
Working capital loan credit under executing scheme provided to non-bank financing institution, especially for financing companies. Loan could serve their customer, among others for finance consumer financing, (four or more wheeled vehicles, two-wheeled vehicles, electronics, housing), and leasing, heavy equipment and machinery to factoring.
Conditions:
- The multifinance company/ non-bank financial institution must have a Limited Liability Company status and has been operating for at least 2 years, and has a license of establishment from the Ministry of Justice and Human Rights of the Republic of Indonesia and the operating license of the Ministry of Finance of the Republic of Indonesia.
- Having sound financial ratios.
- Recording a net profit for the current year and able to provide a guarantee, at least the minimum credit guarantee in the form of receivables from the end borrowers (list of end borrowers must be attached and updated regularly) with a maximum Loan to Cost Ratio (LTCR) of 100%.