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JAKARTA - In order to encourage the strengthening of Micro, Small and Medium Enterprises (MSMEs) in West Java, Investree collaborated with Bank BJB to sign a Loan Channeling Cooperation Agreement.

Investree Co-Founder & CEO, Adrian Gunadi, said, with this collaboration, Bank BJB officially joined as an Investree Institutional Lender/Lender with the same vision and mission, namely implementing efforts to empower SMEs in Indonesia, especially Bandung and West Java during the economic recovery period. at the moment.

"Bank BJB will increase Investree's strength in providing financial support for more West Java business actors in the Investree ecosystem," he said in a written statement quoted on Tuesday, February 1.

This partnership makes it easier for BJB Bank as an Institutional Lender to fund loan offers submitted by Borrowers, the majority of whom are SME activists from various business sectors through the Investree platform. Especially business entities that have not met banking requirements in obtaining loans and are domiciled in Bandung and West Java.

From each fact sheet that will be provided by the Investree, Bank BJB will choose a loan offer according to their preferences and risk profile. For now, the distribution of financing is not limited to certain business sectors/sectors. That is, Borrowers from any line of business have the opportunity to be financed by Bank BJB.

A number of big names in banks and other financial institutions that have become institutional lenders at Investree include Bank BRI, Bank Mandiri, Bank Danamon, Bank Raya, Bank Jago, Accial Capital, Saison Modern Finance, and GMO Payment Gateway.

Meanwhile, for the West Java Online Funding (Panon) program, Investree is one of the registered platforms for financing programs on the Electronic Procurement Service (LPSE) procurement site and the e-catalogue of the West Java Provincial Government along with several platforms or members of fintech lending. other productive under the auspices of AFPI.

West Java SMEs winning tenders on the LPSE procurement site and the e-catalogue of the West Java Provincial Government can get financing of up to IDR 2 billion with a tenor of up to 6 months; competitive interest rates starting from 12 percent pa; does not require collateral in the form of fixed assets; online, fast, and transparent application process; and automatic project verification.

This activity was held at the Office of the Governor of West Java and was also attended by the Governor of West Java, Ridwan Kamil; Deputy for Monitoring, Evaluation & Development of Information Systems for the Government Goods and Services Procurement Policy Institute (LKPP) Gatot Pambudhi; and Director of Regulation, Licensing and Supervision of the Financial Services Authority, Tris Yulianta.


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