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Tanya Jawab
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+TenorQ:
What is the maximum tenor that can be obtained?
A:
For Asset Based Finance The maximum tenor that can be obtained is 48 months
As for Factoring, it is 6 months
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+Legality DocumentsQ:
What documents must be prepared?
A:
Submission of Asset Based Financing requires legal documents such as:
1. Deed of establishment
2. Deed of changes
3. NIB and others
As for Factoring Accounts Receivable Documents that must be prepared are as follows:
1. Legality documents (such as: deed of establishment, deed of change, NIB, and others)
2. Current Account for the last 6 months
3. Financial Statements for the last 2 years
4. Employment contract data
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+Process TimeQ:
How long does the application process take?
A:
The submission process for Asset Based Financing is a maximum of 14 working days provided that the documents are complete and depend on the survey location.
As for factoring financing, no later than 7 working days until the decision from the complete document, depending on the location
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+CollateralQ:
What can be used as collateral?
A:
Collateral for Asset Based Financing are:
Heavy equipment & Truck
Meanwhile, for Factoring financing are:
Completed work invoice
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+ChargesQ:
What Charges do I have to pay to apply for financing
A:
For Asset Based Financing the costs incurred are:
Fee : Interest, Provision, Admin, Notary, Appraisal (only for used vehicle submissions)
As for Factoring Receivables, the costs incurred are:
Fee : Interest, Provision, Admin, Notary
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+Contact Radana FinanceQ:
Where should I contact if I want to apply?
A:
You can contact us at +62 21 5050 3333 or WA to +62 889 0613 5050 or to all of our social media.