Products & Services

ABF

Financing for Heavy Equipment and Commercial Vehicles

Asset/collateral-based financing such as investment financing for the purchase of new or used heavy equipment/trucks, as well as sale & leaseback financing to meet the Debtor's working capital needs.

• Facility Amount: IDR 500,000,000 – IDR 25,000,000,000.
• Interest Rate: Starting from 15% effective per annum.
• Maximum Tenor: Up to 60 months.
• Provision Fee: Minimum 1% of the financing amount.

 

Benefits:

• Optimized cash flow to support asset acquisition.
• Access to essential business assets through installment-based payments.
• Additional working capital from owned assets via Sale & Leaseback Financing.
• Insurance protection for assets pledged as collateral.

 

Risks:

• Risk of asset repossession in the event of payment default by the Debtor.
• Risk of additional costs arising from non-performing financing (e.g., penalties, collateral execution costs, etc.).
• Reputational risk due to payment history being recorded in the Financial Information Services System (SLIK) in case of arrears.
• Risk of additional charges for early settlement of the financing facility.

 

Required Documents for Financing Application:

• Articles of incorporation and all subsequent amendments.
• Business license (SIUP or equivalent).
• Company registration certificate (TDP or NIB).
• Domicile certificate or location permit (SKDP/SKDU/SITU).
• Corporate Tax Identification Number (NPWP).
• ID cards of directors, commissioners, and shareholders.
• Audited financial statements for the last 3 years.
• Bank statements for the last 6 months.

Sharia Financing

Sharia Financing

Radana Finance offers financing facilities based on Sharia (Islamic) principles. Our Sharia Financing products include asset-based financing for the purchase of new or used heavy equipment/trucks, as well as Sharia-based service financing.

 

Sharia Asset-Based Financing (Sharia ABF)

• Facility Amount: Starting from IDR 500,000,000 up to IDR 25,000,000,000
• Margin: Minimum equivalent to 15.00% effective per annum
• Tenor: Up to 60 months
• Administrative Fee: Minimum equivalent to 1% of the financing value

 

Benefits:

• Improved cash flow efficiency for asset acquisition
• Ownership of essential business assets through installment-based payments
• Additional working capital through Sale & Leaseback products
• Insurance protection for assets used as collateral

 

Risks:

• Risk of asset repossession in the event of non-payment
• Risk of additional costs in the event of non-performing financing (e.g., Ta’zir, Ta’widh, and other charges)
• Reputational risk due to payment history being recorded in the Financial Information Services System (SLIK) if the Customer is in default
• Risk of incurring additional charges in the event of early settlement

 

Sharia Service Financing

• Through the Sharia Service Financing product, Radana Finance provides working capital financing for customers to support and maintain healthy cash flow in their business operations.
• Facility Amount: Starting from IDR 1,000,000,000 up to IDR 25,000,000,000
• Margin: Minimum equivalent to 15.00% effective per annum
• Tenor: Up to 60 months
• Administrative Fee: Minimum equivalent to 1% of the financing value

 

Benefits:

• Access to a financing facility valid for one (1) year, with the ability to draw down against outstanding receivables from anchors/buyers
• Improved cash flow through additional working capital
• Increased production capacity
• Simplified receivables and collection process

 

Risks:

• Risk of additional charges in the event of non-performing financing (Ta’zir, collateral execution fees, and other charges)
• Reputational risk due to payment history being recorded in the Financial Information Services System (SLIK) if the Customer is in default
• Risk of incurring additional charges in the event of early settlement
• Risk of liability falling on the Customer in the event of default by the anchor/buyer