Mandiri Mining Lending

Mining Working Capital Credit

A working capital credit facility provided to Contractors in certain mining firms, to fulfil the need for working capital needed in implementing Work Contract and/or Work Assignment that they received.

Benefit

  1. Support from banks in business development, particularly in financing project implementation.
  2. Increased business volume from the additional working capital from the bank.
  3. Easier credit requirements.

Features

  1. Period: Maximum 1 (one) year.
  2. Nature of Credit: Non Revolving, wherein the outstanding credit decrease proportionally with the amount of Contract payment /Work Order Contract (SPK) / stages of contract obtained.
  3. Debtor Financing: Debtor Financing (Self-Financing) is lower than General Working Capital Credit.
  4. Main Collateral: Bills / Stages & Goods in Inventory
  5. Additional Collateral: Fixed Assets of debtor

Mining Investment Credit

Investement credit facility provided to Contractors in certain mining firms for purchasing / financing Capital Goods needed in connection with the implementation of Work Contract and/or Work Assignment that they received.

Benefit

  1. Bank’s support in business development, especially in purchasing capital goods for project implementation.
  2. Can be able to maintain relationship with project owners, particularly due to company ability in providing the needed tools in implementing the project that they got so as to be able to maintain business continuity.
  3. Easier credit requirements.

Features

  1. Period: Maximum period is the same as Contract / Work Order Contract period as the basis of this credit provision
  2. Nature of Credit: Aflopend, in which the credit limit decreases according to installment payments already made
  3. Debtor Financing: Debtor financing (self financing) is cheaper compared to General Investment Credit
  4. Main Collateral: The financed Capital Goods.
  5. Additional Collateral: Fixed Assets and staged bills from the Contract / WOC (SPK)

Mining Import Facility

A credit facility provided to Contractors in certain minning firms that open Letter of Credits (L/C) both Sight L/C and Usance L/C in the form of deferred payment until goods/documents arrive (Sight L/C) or not later than 180 days after Bill of Lading (Usance L/C).

Benefit

Support from the banks in implementing import of goods needed in implementing the project in the form of Letter of Credit opening facility which are not fully paid up with more attractive requirements / stipulations.

Features

  1. Types of L/C: Sight L/C and Usance L/C
  2. Nature of Credit: Transactional
  3. Debtor Financing: Debtor Financing (self financing) is cheaper compared to General Import Facility
  4. Main Collateral: All the imported goods
  5. Additional Collateral: Fixed Assets of debtor and all staged invoice of the contract / SPK

Mining Bank Guarantee

Payment guarantee provided to Project owner (Bouwheer) where with such guarantee, Bank stated its willingness to pay the obligation of Debtor (Contractor in certain mining firms) to the Project owner, should the Debtor failed to fulfil his/her obligation or non performance.

Benefit

Payment guarantee provided to Project owner (Bouwheer) where with such guarantee, Bank stated its willingness to pay the obligation of Debtor (Contractor in certain mining firms) to the Project owner, should the Debtor failed to fulfil his/her obligation or non performance.

Features

  1. Types of Mining BG:
    1. Bank Guarantee for Tender (Bid Bond / Tender Bond)
    2. Bank Guarantee for Advance Payment
    3. Bank Guarantee for Work Implementation (Performance Bond)
    4. Bank Guarantee for Maintenance (Retention Bond)
  2. Nature of Credit: Transactional
  3. Credit Period: According to stipulations in Working Capital Credit (SPK) / Contract
  4. Main Collateral: Guarantee deposit
  5. Additional Collateral: Fixed Assets of debtor

More Information

For further information regarding our products, please contact Call Mandiri at 14000, or click here to contact our Commercial Banking Center.

Pembiayaan Bagi Kontraktor Pertambangan