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:

  1. 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.
  2. Having sound financial ratios.
  3. 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%.