Work Capital Loan

  • Overview
  • Requirements
  • Additional Information

WORK CAPITAL LOAN
Working capital is essential for business development, lack of which shall affect business growth. Working capital loans of Bank Mestika provide solutions to your business. This is a short term credit scheme used to meet the needs for the working capital.

The varieties of working capital loans can be selected in accordance with the needs and nature of the business.

  • Overdraft
    A revolving working capital that provides clients with flexibility. A credit ceiling shall be included in the bank statement to ease withdrawal and payment activities. This loan is available in Rupiah and certain foreign currencies.
  • Short Term Loan - Revolving
    A revolving working capital aimed at businesses whose revenues fluctuate relatively. The fund may be partially or fully withdrawn after the client submits the Promissory Note.
  • Short Term Loan - Non Revolving
    A non - revolving working capital loan aimed at meeting the needs of an exhausted working capital in a business cycle. The fund may be partially or fully withdrawn after the client submits the Promissory Note.
  • Fixed- term Working Capital Loan
    A non – revolving working capital loan for the period of up to 5 (five) years. The fund may be fully withdrawn after the client submits the Promissory Note.
  • Executing Working Capital Loan – Financing Institution
    A working capital loan scheme given to limited liability financing institutions that provides loans for end users for a period of up to 5 (five) years.
  • Executing Working Capital Loan – Bank Perkreditan Rakyat (BPR)
    The Executing working capital loan of Bank Perkreditan Rakyat (BPR) is a working capital loan scheme given to Bank Perkreditan Rakyat (BPR) for limited liability companies or local institutions for a period of up to 5 (five) years.

Types of business

Individual :

  • Indonesian citizen.
  • Aged 21 to 65 when the credit scheme ends (for new debtors)

Business Entity :
  • Registered in Indonesia
  • Limited Liability or Firms or Sole Proprietors
  • Owners of firms or sole proprietors have to be Indonesian citizens

Business Establishment

The business has been established for at least 3 (three) years with the activist as registered in the Business License.

  • For financing services provided, the prospective debtor is subject to charges which shall be made available in his/ her bank account before the loan is released.
  • The debtor shall fulfill his/ her obligations to the bank on time.
  • In case of late payments, the debtor shall be charged a lateness fee.
  • Complaints about the bank’s products can be made face-to-face, via email, letter and call centre.
  • Late payments shall effect the debtor’s collectibility.
  • The fees charged to the clients refer to the information covered in the loan agreement.
  • For further information about Working Capital Loans, contact your nearest branch of Bank Mestika.

For more information call us MestikaCall 14083 or visit our nearest branch.