New Pembiayaan Tagihan

Invoice Financing

Mandiri Invoice Financing is a loan facility provided to finance Suppliers recommended by the Principal that have an agreement with Bank Mandiri.

Benefit :
Providing financing solutions to accelerate payment of invoices (as confirmed by the Principal) prior to the due date.

 

Loan Features :

  • Loan limit over IDR 500 million to IDR 25 billion.
  • The loan is given in Rupiah.
  • The loan term is one year and can be extended.
  • Loan facilities are revolving; the disbursements are non revolving.
  • The main collateral is the supplier's account receivable to its Principal, bound on a fiduciary basis, and it does not require additional collateral, whether in the form of fixed asset or bank deposit.
  • Interest rate as determined by the Bank.
  • Disbursement is carried out over the invoice confirmed by the Principal.

Loan requirements :
1. Conditions for applying:

  • Individual Business Customers:
    • Indonesian Citizen
    • Legally competent
  • Business Entity Customers

    Based on relevant legal provisions, customers who are legal business entities.

2. To apply for financing, the documents required include:

Document Individual Business Customers Business Entity Customers
Application Form ✓ ✓
Copy of KTP of Applicant & Husband/Wife ✓ -
Copy of Marriage/Divorce Certificate (for those who are married/divorced) ✓ -
Copy of savings/current account statement for at least the last 6 months ✓ ✓
Copy NPWP ✓ ✓
Copy of business permits (such as SIUP, SITU, TDP/NIB etc.) ✓ ✓
Copy of the Deed of Establishment of the Company and the Deed of Amendment - ✓
Copy of KTP of all company management and shareholders - ✓
Recommendation Letter from the Principal ✓ ✓

Other documents will be adjusted during facility processing.

Simulation of Interest Loan Payment:

  • Invoice Financing (Simple Interest)
  • Loan: IDR 1,000,000,000.00
  • Term: 12 months
  • Interest Rate : 10% effective p.a

The estimated interest that must be paid at the time of repayment is :

Financing Tenor a 30 days
Nominal Invoice b 1.000.000.000,00
Disbursement Percentage c 95% from invoice
Disbursement Amount d 950.000.000,00
Nominal Interest Reserve e 50.000.000,00
Interest rate f 10%
Estimated Credit Interest paid g d x f x (a/360)
= 7.916.666,67
Remaining Invoices that Still Belong to the Debtor h e – g
= 42.083.333,33
Total Funds Received by the Debtor i d + h
= 992.083.333,33
  • Invoice Financing (Interest in Advance)
  • Loan: IDR 1,000,000,000.00
  • Term: 12 months
  • Interest Rate : 10% effective p.a

Estimated interest that must be paid before credit disbursement is :

Financing Tenor a 30 days
Nominal Invoice b 1.000.000.000,00
Disbursement Percentage c 100% from invoice
Interest rate d 10%
Estimated Credit Interest paid e b x d x (a/360)
8.333.333,33
Disbursement Amount f 991.666.666,67

The interest rate follows the applicable rate.

Loan Risk:
Loan risks that may arise include:

  • Changes in interest rates based on the Bank's considerations or Regulatory provisions
  • Changes in exchange rates (if the credit currency is in foreign currency)

Estimated Loan Costs:
Estimated credit costs in providing credit include:

  • Provision Fee
  • Administration Fee
  • Collateral Binding Fee
  • Collateral Insurance Fee
  • Collateral Appraisal Fee

For further information and applications for Working Capital Credit, you can submit it via the nearest Bank Mandiri branch or Mandiri Call 14000