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 to accelerate payment over the invoice (confirmed by the Principal) before the invoice 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