Distributor Financing

Credit facility for Distributor to support the business transaction with related Anchor.

Service Benefits:

  • For Anchor:
    - The certainty of on-time payment;
    - Diverting billing and administrative function to FSC module;
    - Controlling and monitoring of FSC transaction, including download the report that informs the status of every transaction.
  • For Distributor:
    - Quicker credit process;
    - Additional term of payment with credit facility that is given by bank;
    - Tender collateral.
  • For Suppliers:
    - Quicker credit process;
    - The certainty of on-time payment.

Service Risks:

  • Risk For Anchor:
    System failure so the invoice is unpaid till the due date, resulting on a trading quarrel.
  • Risk For Distributor:
    System failure so the invoice is unpaid till the due date, resulting on a trading quarrel.

Service Requirements:
Requirements for Anchor

  1. The Anchor signs Memorandum of Understanding between the Anchor and Bank Danamon;
  2. The Anchor gives recommendation letter to the Bank for initiation and further process;
  3. Transaction via Bank Danamon between the Anchor and the Distributor is required;
  4. The Anchor must support Bank Danamon in order to get payment from Distributor.

Requirements for Distributor

  1. Having recommendation letter from Anchor;
  2. Providing collateral as required;
  3. The business has been working for 3 years;
  4. Related to the Anchor for minimum 1 year;
  5. Providing necessary documents for credit processing;
  6. Willing to sign Credit Agreement;
  7. Willing to divert the Anchor related transaction to Bank Danamon.

INFORMATION/CUSTOMER SERVICE
For information/customer service of transaction/banking services, customers may call Hello Danamon on 1-500-090.

SERVICE PRICING

  • Pricing for every customer may be different depending on the risk level of the customer. All bill will be debited from the customer’s account.
  • The total cost will be informed to the customer on the service application and be attached to the signed contract.