, Indonesia

Bank BRI partners with Investree to offer loans to entrepreneurs

It has earmarked more than $143m for digital lending via the platform.

Bank Rakyat Indonesia (Bank BRI) has teamed up with P2P lending marketplace Investree to provide working capital loans for entrepreneurs in the creative industry, an announcement revealed.

The bank has earmarked more than $143m (IDR 2t) for digital lending via Investree, a large portion of which will be allocated for the creative sector.

To date, Bank BRI has dispersed more than $14.3m (IDR 200b) in loans on Investree..

The collaboration will reportedly generate a form of invoice financing where BRI lends working capital to startups and MSMEs that have formalized business-to-business relationships with other local companies. Then, the borrower’s accounts receivable (such as open and or overdue invoices) will be the basis of each loan.  

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Lorem Ipsum Content on ABF
The text to display in the title bar of a visitor's web browser when they view this page. 
Lorem Ipsum
Contrary to popular belief, Lorem Ipsum is not simply random text.