Product Info

Product & Service Information Summary (RIPLAY)

Complete guide to general product parameters, mandatory application document checklists, and comparison of Sanders loan schemes.

Invoice Financing Loan

General parameters for productive business invoice-backed financing geared towards corporate entities (PT/CV).

Maximum Limit

Rp 5,000,000,000

Loan Term

Max. 180 Days

Loan Facility Ceiling

Max. 12 Months

General Requirements

  • Corporate entities structured as PT or CV
  • Possesses good financial & credit profiles
  • Minimum operation period over 2 years (> 2 years)

Mandatory Submission Documents

1Deed of establishment of PT/CV and latest amendment along with Ministerial approval
2SIUP, TDP, SKDU or NIB (Business Registration Number)
3Company Tax ID (NPWP)
4ID Card (KTP) & Tax ID (NPWP) of management and shareholders
5Financial reports for the last 2 years
6VAT report (Laporan PPN) for the last 3 months
7Bank statement (Rekening koran) for the last 6 months
8ID Card (KTP) & Family Card (KK) of guarantor (majority shareholder)
9PO/SPK/Invoice, phone number and email of PIC of the employer

Personal Loan

Terms and parameters of integrated personal credit facilities for all ecosystem partner employees.

Parameter RulesNABATI PMA RKINABATI GROUP
NationalityWNIWNI
Age< 60 Years< 57 Years
Marital StatusMarried, Single, DivorceMarried, Single, Divorce
BI Checking StatusClean status (Collectibility 1) Col 2 considered | Col 3-5 not financedClean status (Collectibility 1) Col 2 considered | Col 3-5 not financed
Eligible EmployerAll employees under Nabati GroupAll employees under Nabati Group
Employment TypeContract & PermanentContract & Permanent
Home Ownership StatusOwned / RentedOwned / Rented
Length of Employment> 1 Year> 1 Year
Top-up CeilingMin. 50% of outstanding installmentsMin. 50% of outstanding installments
Manager RecommendationMandatoryMandatory
Tenor Options3, 4, 6, 9, 12, 15, 24, 36 Months3, 4, 6 Months (above 6 Months requires CEO approval)
Submission Range> Rp 500,000> Rp 3,100,000

Mandatory Submission Documents

  • Identity Card (KTP)
  • Self-photo (Selfie)
  • Latest payslip (Slip gaji)
  • Company ID Card
  • Bank passbook cover (Buku tabungan)

Additional Documents

  • Tax Identification Number (NPWP)
  • Contract employment decree (SK Kontrak)
  • Credit card statement (if available)

Payday Loan

General parameters of short-term payday cash advance loan schemes for ecosystem employees.

Parameter RulesNABATI PMA RKINABATI GROUP
NationalityWNIWNI
Age< 60 Years< 57 Years
Marital StatusMarried, Single, DivorceMarried, Single, Divorce
BI Checking StatusClean status (Collectibility 1) Col 2 considered | Col 3-5 not financedClean status (Collectibility 1) Col 2 considered | Col 3-5 not financed
Eligible EmployerAll employees under Nabati GroupAll employees under Nabati Group
Employment TypeContract & PermanentContract & Permanent
Home Ownership StatusOwned / RentedOwned / Rented
Length of Employment> 1 Year> 1 Year
Special Length of Employment> 4 Months (Specifically for KTP Bandung, Cimahi, Garut, Sumedang)
Manager RecommendationMandatoryMandatory
Loan Term / Tenor14 Days, 30 Days, Maximum 60 Days
Submission Plafon RangeRp 1,000,000 - Rp 3,000,000

Mandatory Submission Documents

  • Identity Card (KTP)
  • Self-photo (Selfie)
  • Latest payslip (Slip gaji)
  • Company ID Card
  • Bank passbook cover (Buku tabungan)

Additional Documents

  • Tax Identification Number (NPWP)
  • Contract employment decree (SK Kontrak)
  • Credit card statement (if available)

Disclaimer (Important to read)

  • The information contained in this General RIPLAY represents the latest terms up to the publishing of a newer General RIPLAY, and Sanders reserves the right to amend the information herein at any time.
  • This General RIPLAY is used solely as a reference explaining productive loan products and is not, nor is it intended to create, a binding loan agreement.
  • Users must read this General RIPLAY carefully and are entitled to contact Sanders at any time regarding this General RIPLAY.
  • Sanders reserves the right to reject User loan submissions that do not meet the active terms, requirements, and regulations.

Regulatory Framework

Precise, Measured, Supervised

PT Satustop Finansial Solusi ("SANDERS") is registered and licensed by the Financial Services Authority ("OJK") as an Information Technology-Based Co-Funding Services (LPBBTI) Provider with Business License Number KEP-40/D.05/2021 dated May 11, 2021, such that the conduct of its business activities is strictly supervised by OJK in accordance with Financial Services Authority Regulation Number 10/POJK.05/2022 concerning Information Technology-Based Co-Funding Services (LPBBTI).

SandersOJK Disclosure
01

This Information Technology-Based Co-Funding Service (LPBBTI) constitutes a civil agreement and consensus between the Lender and the Borrower, such that all risks shall be borne by each respective party.

02

Credit risk or default and all losses arising from or related to the borrowing and lending agreement shall be borne entirely by the Lender. No state institution or authority is responsible for such default risk and losses except through insurance coverage in accordance with applicable terms and conditions.

03

The Provider, with the consent of each respective User (Lender and/or Borrower), accesses, obtains, stores, manages, and/or uses User personal data ("Data Utilization") on or within physical objects, electronic devices (including smartphones or mobile phones), hardware or software, electronic documents, applications, or electronic systems owned or controlled by the User, by informing the purpose, limits, and mechanisms of such Data Utilization to the relevant User prior to obtaining the required consent.

04

Lenders who do not yet have sufficient knowledge and experience regarding this co-funding service are advised not to use this co-funding service.

05

Before using this service, Borrowers must consider the loan interest rate as well as other associated fees in accordance with their ability to repay the loan.

06

Any fraudulent acts are digitally recorded in cyberspace, may become known to the wider public on social media, and can serve as valid legal evidence according to laws and regulations concerning electronic information and transactions in dispute resolution and law enforcement processes.

07

Members of the public using this service must read and understand all information regarding this service before deciding to become a Lender or Borrower. A User's decision to utilize this Service constitutes proof and acknowledgment of understanding such information.

08

The Government, in this case the Financial Services Authority, is not responsible for any violations or non-compliance committed by Users, whether Lenders or Borrowers (due to intentional wrongdoing or negligence), against statutory regulations or agreements between the Provider and the Lender and/or Borrower.

09

Users agree that borrower credit records will be reported periodically to the Financial Services Authority and/or the Joint Funding Fintech Association (AFPI) for the purposes of the Fintech Lending Data Center (Fintech Data Center), which will be shared among providers, national banking industry actors, and other financial industry participants.

10

Every borrowing and lending transaction, activity, or execution of an agreement between or involving the Provider, Lenders, and/or Borrowers must be conducted through escrow accounts and virtual accounts as mandated under Financial Services Authority Regulation Number 10/POJK.05/2022 concerning Information Technology-Based Co-Funding Services (LPBBTI), and any violation or non-compliance with these provisions constitutes evidence of unlawful acts committed by the Provider, such that the Provider shall be obligated to indemnify any losses suffered by respective Users as a direct consequence of the aforementioned unlawful acts without prejudice to the rights of the injured Users under the Civil Code.

Attention: Financing Risk

This information technology-based financing service involves risks. Make sure you read and understand the terms and conditions before making a financial decision.

Learn Our Technology & Risk