The Indonesian government is working hard to continue to help the level of the Indonesian economy to be better. Thus, if the country’s economic conditions improve, the economic conditions of the people should also experience a significant increase. For this reason, there are so many programs that were then born by the government that can be distributed directly to all levels of society according to their needs. In this case the Indonesian government cooperates directly with various banks in our country. Usually cooperation with this bank is in the form of lending. There are two types of credit that are kredit investment and working capital loans.
A bank which is to help channel funds and raise funds
from the community for economic needs, one of the programs currently being promoted is investment credit. What is an investment loan? This is capital or credit in the form of money that is channeled through the help of banks for the purpose of various business needs that you have. Well, for the type of credit or investment loans themselves which are in the form of credit used to expand businesses or add businesses such as buying and opening a new factory in a different place, building a new project, procuring machinery and raw materials, buying land and building for new businesses, etc. that will later pay off the loan using business proceeds that have just been financed with this capital.
Debtor or credit user has decided to take an investment loan at a bank
there will be a credit period that must be agreed by the investment loan provider, in this case in Indonesia, usually at Aslink Bank and Best Bank, which is the largest government bank. Usually banks will provide a period of time for this investment credit for at least one year. For those who don’t know, this investment loan has the benefit that you can pay in installments or make payments to the bank that you have chosen directly.
When you have decided to take an investment loan facility, there will be several steps that will be carried out by the bank that will provide the facility. The bank will carry out a verification process and will also conduct a detailed inspection of the business that is being carried out by the prospective debtor. To apply for this investment loan you must meet several requirements, namely:
- Legality of business owned such as SIUP, SITU, NPWP, TDP or Business Certificate
- Personal identity such as KTP, SIM and if the business entity is submitted then what is needed is the Deed of Establishment of the business entity.
- Photocopy of Current Account, Savings Account for at least the last 3 months.
The average requirements for applying for interbank loans will be the same and usually the time period for a maximum loan reaches 15 years and for the grace period will be for 4 years. For credit limits ranging from IDR 100 million to 40 billion. However, it is possible for each bank’s policy to differ depending on the condition of each bank where you apply for the investment credit .
There are several facilities in investment credit , namely:
- Term Loan, commonly known as annuity, is the method of payment in stages.
- Term Loan Grace Period or TLG which is the method of payment only for the credit interest, then the principal credit will be paid when entering the Grace Period.
- Term Loan Principal or also TLP where payment uses the installment system, the amount of which is always the same every month. However, the amount of interest will be determined based on the outstanding amount.
For this investment credit facility
There are quite a lot of interested people in Indonesia and it is highly recommended for business owners who want to expand their businesses so they can grow. This is because it is seen in terms of terms and facilities that will be very beneficial. With an easy payment system in installments and can be taken in accordance with the needs of each line of business debtors who apply for credit. For more detailed information, you can contact the nearest bank directly.