Arunika Group
Arunika Term Loan ATerm loan
Bank Arunika · Arunika Group
Plafond
Rp 2,4 T
Outstanding
Rp 1,9 T
All-In CoF
10,43%
SPEC // 01
RISK ACCEPTANCE CRITERIA (RAC) & BATCH ELIGIBILITY
SegmentsPOS Smartphone, POS Appliance, Cash Loan, Two-Wheeler, Multiguna BPKB
Tenor6 to 36 months
Ticket sizeRp 1 jt to Rp 200 jt
Minimum score0.50
Worst SLIK collectibilityKol 2
RegionsAll regions
Sharia onlyNo
Complete documents requiredYes
Max share from one dealer10%
Batch sizeRp 10,0 M to Rp 120 M
Cutoff16:00
Processing2 business days
SPEC // 02
RECENT REFINANCING BATCHES WITH THIS LENDER
Loading recent batches…
SPEC // 03
FACILITY LIMITS & COMMITMENT PARAMETERS
PlafondRp 2,4 T
OutstandingRp 1,9 T
Utilization79,2%
CommittedYes
RevolvingNo
CurrencyIDR
Minimum drawRp 25,0 M
Notice (days)3
Availability endsWeek 27
Sub-limit 1 (cash)Rp 400 M
SPEC // 04
PRICING & ALL-IN COST OF FUNDS BREAKDOWN
Rate typefloating
Base rate5,60%
Spread3,20%
Upfront fee0,75%
Commitment fee0,25%
Prepayment penalty1,00%
Default interest2,00%
Interest frequencymonthly
All-in: Interest8,80%
All-in: Upfront fee (amortized)0,30%
All-in: Commitment fee0,07%
All-in: Over-collateralization1,26%
All-in cost of funds10,43%
SPEC // 05
TENOR, AMORTIZATION & RENEWAL
MaturityWeek 131
Batch tenor12 months
Amortizationmatched
Renewal—
Renewal probability90%
SPEC // 06
FIDUSIA COLLATERAL & SECURITY
Coverage required105%
Max DPD eligible90 days
Substitution (days)5
Eligible segmentspos_phone, pos_appliance, cash, two_wheeler, multipurpose
SecurityFiduciary assignment of receivables
SPEC // 07
FINANCIAL COVENANTS
| Covenant | Definition | Threshold | Tested |
|---|---|---|---|
| Debt to equity | Total borrowings / total equity | <= 10x | quarterly |
| NPL > 90 dpd | Receivables over 90 days past due / gross receivables | <= 3,0% | quarterly |
| Current ratio | Current assets / current liabilities | >= 1x | quarterly |
SPEC // 08
NEGATIVE COVENANTS
- New debt requires consent unless gearing < 10x
- No dividends while in breach
SPEC // 09
EVENT TRIGGERS
- Cross-default
- Rating downgrade below A-(idn)
SPEC // 10
REPORTING OBLIGATIONS
- Monthly portfolio report
PT Nusantara Konsumer Finance · OJK POJK 35/46