Description
Medium and long-term credit facility provided in Rupiah or USD to finance procurement of capital goods for rehabilitation, modernization, expansion or establishment of new project or refinancing, the settlement of which is to be sourced from business income of the existing and/or with the financed capital goods.
Feature
Tenor : above 1 year and up to 5 years
Currency : IDR or USD
Collateral : Cash collateral, fixed asset, other required collateral which is optional determined by bank
Mandatory required documents for loan disbursement : Notice of Borrowing (NoB) & Promissory Note (P-Note)
Other required documents : Copy of Invoice of machinery procurement, invoice from contractor, budget CAPEX, etc. *)
Interest : *)
Risk
For any delay payment of interest or principal will be impose penalties and the company collectability may be downgraded
If customer violate obligation or breach covenants, risk rating of customer may be downgraded
If over-due more than 180 days, Bank will execute collateral
Benefits
Loan is provided based on company's CAPEX needs
Simulation
Outstanding Principal : IDR 500 Bio
Interest Rate : 12%
Tenor: 3 years
Accrued Interest : (IDR 500 Bio * 12% * 3)= IDR 180 Bio
*) subject to credit proposal approval
Further Information
Contact Us
Corporate Banking Group
Head Office – Jakarta
PT Bank CTBC Indonesia
Tamara Center 17th Floor
Jl. Jend Sudirman Kav. 24
Jakarta 12920
Telp No. (62-21) 2557 8787 (Hunting)
Ext No. 8728, 8718, 8758, 8619, 8680
Fax No. (62-21) 520 6767
Unit UKM (Small Business)
Head Office – Jakarta
PT Bank CTBC Indonesia
Tamara Center 4th Floor
Jl. Jend Sudirman Kav. 24
Jakarta 12920
Telp No. (62-21) 2557 8787 (Hunting)
Ext No. 3968, 3738, 3946, 3973
Fax No. (62-21) 520 6767
