Kredit Modal Kerja
New Kredit Modal Kerja
Working Capital Loan
Mandiri Working Capital Loan is a loan facility in Rupiah and Foreign Currencies provided to finance working capital needs such as inventory / receivables / projects.
Working capital loan is divided into 2, namely Revolving and Non-Revolving Working Capital Loan
Benefit:
Providing financing solutions for working capital needs aligned with business requirements.
Loan Features :
1. Revolving Working Capital Loan
- Loan limit over IDR 500 million to IDR 25 billion.
- The loan is given in Rupiah and foreign currency.
- Primary collateral is financed inventory and/or receivables. Additional collateral can be land or land and buildings.
- Disbursement is carried out at any time as needed.
- Credit facilities repayment, principal reduction or loan principal payment can be completed at any time during the credit period.
- Interest payments are completed every period/date as the Bank determines. The interest rate is floating and effective.
- The maximum term is one year and can be extended.
2. Non-Revolving Working Capital Loan
- Loan limit over IDR 500 million to IDR 25 billion.
- The loan is given in Rupiah and foreign currency.
- Primary collateral is financed inventory and/or receivables. Additional collateral can be land or land and buildings.
- Disbursement is done all at once.
- Loan principal payments are paid in installments every certain period as the Bank determines or made all at once when the facility matures.
- Interest payments are made every period/date as the Bank determines.
- The maximum term is five years and cannot be extended.
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:
Documents | 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 of 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 | - | ✓ |
Copy of collateral ownership documents (such as SHM/SHGB/SHMSRS etc.) | ✓ | ✓ |
Other documents will be adjusted during facility processing.
Simulation of Interest Loan Payment:
- Revolving Working Capital Loan
- Loan: IDR 1,000,000,000.00
- Term: 12 months
- Interest Rate: 10,5% effective p.a
The estimated interest that must be paid every month is :
Disbursement date | Billing date | Average Balance | Interest rate | Estimated Loan Interest payment |
---|---|---|---|---|
23/10/2023 | 23/11/2023 | 1,000,000,000 | 10,5% | 9,041,666.67 |
*) The interest calculation provided above is merely a simulation or estimation and subject to change
Installment Calculation Simulation:
- Facilities: Non-Revolving Working Capital Credit
- Loan: IDR 1,000,000,000.00
- Term: 36 months
- Interest Rate: 10,5% effective p.a
The estimated interest and principal that must be paid each month is (according to the table)
The credit details above are a simulation with prorate principal payments every month and subject to change
Loan Risk:
Loan risks that may occur 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 Fees
- Administration Fees
- Collateral Binding Fees
- Collateral Insurance Fees
- 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