About Term Promissory Loans

Promissory Loans is a revolving financing facility up to 12 months for corporate client to support working capital’s need.

Advantages of Maybank Term Promissory Loans

Loan Amount

Up to < the maximum credit limit

Tenors Financing

1 – 12 months and can be extended

Cost

• Provision costs
• Administrative costs
• Third Party Fees (Notary, Appraisal, Guarantee Insurance)

Submit credit requirement documents, including:
- Credit/financing application form.
- Copy of KTP of all management and shareholders
- Audited financial statements for the last 3 years
- Copy of company establishment deed and amendment deed
- Copy of business licenses (such as SIUP, TDP/NIB, etc.)
The debtor's business has been running for at least 3 years.
The debtor's business is not included in the type of industry that cannot be financed based on Maybank Indonesia policies.
The debtor is not included in the category of debtors with problem loans based on the results of checking with Bank Indonesia and/or the Financial Services Authority.
The debtor is not blacklisted by Bank Indonesia and/or the Financial Services Authority.
The debtor has never received a loan from Maybank and other banks that are classified as problematic.
The debtor submits collateral in accordance with the guarantee terms that can be accepted at Maybank Indonesia, which can be in the form of land and buildings, vacant land, vehicles, machinery, merchandise inventories and trade receivables.
The debtor passes the credit analysis process in accordance with the policies in force at Maybank Indonesia.
The debtor opens a Business Giro or savings account at Maybank Indonesia.