Contractor Financing

Working capital financing for contractors to complete construction work, procurement/other services based on a work contract.

  • Main Product Features
    • Ceiling:
      • Number of Project
        Progress Payments        		Maximum Financing Ceiling
        Without Down Payment
        (Maximum)        		With Down Payment
        (Maximum)
        4 Terms or more 50.00% 35%
        3 Terms 60.00% 45%
        2 Terms 70.00% 55%
        1 Term (Lump Sum) 80.00% 65%
    • Interest Rate: Minimum 11.5% p.a. effective
    • Loan Term/Tenor: Project Term + 3 months
    • Type of Collateral: Collateral that must be provided is a minimum of 105% of the financing facility
  • Benefits
    • To increase the customer's working capital in the context of project completion
    • Installment payments in accordance with the terms arranged in the contract received by the customer
  • RIPLAY (Product or Service Information Summary)
    • The general version of RIPLAY (Product and Service Information Summary) is a standard document that contains comprehensive important information regarding financial products or services
    • Contractor Financing RIPLAY

For further requirements, terms, or information regarding our products, please contact Bank Jatim Info 14044 or visit a Bank Jatim Branch Office directly.