Global Buyers Can ‘Buy Now, Pay Later’ Through Madeinindonesia.com

22 Sep 2021
Indonesia cross border B2B e-commerce platform, Madeinindonesia.com, is committed to providing facilities for sellers to get access to global market, access to technology and boost exports.
 
Sellers can also get access to financing so that potential exporters who have no funds can still do export.
 
What about facilities for global buyers?
 
The global B2B marketplace, Madeinindonesia.com, also provides global buyers with many facilities, one of which is in the form of Buyer Financing. With this, international buyers can source Indonesian products and make payment later or, we know it better through the promotional catchphrase “Buy Now, Pay Later”.
 
With this Buyer Financing scheme, if you are global buyers you will be able to:
 
  • Get cash for your receivables to power your business's growth
  • Spread the cost of your purchase over fixed monthly instalments
  • Get no late fees or pre-payment penalties
  • Make quick application and instant decision
  • Get 60 days to pay your invoice without interest
  • Enjoy no deposit
  • Buy now and pay within 60 days
  • Take 2 days for established buyers to get approval of up to USD500,000
 
Buyer Financing is a working capital product prepared by Madeinindonesia.com for well-known and wholesale buyers (international buyers). B2B marketplace platform Madeinindonesia.com offers easy finance (line of credit up to 60 days) for buyers’ sales history on the platform.
 
With this Buyer Financing, you can manage your business' cash flow and keep your business growing with.
 
What are the conditions?
 
  • Interest Rates and Fees (No extra charges, No Admin Fee)
No charges will apply on registration and loan application. Fees are charged only when loan is fully funded by the Lenders. For the prospective borrowers, learn beforehand about any fees that will be charged upon loan disbursement. Meanwhile for prospective lender, you will not be charged with any fee and will receive the payment of principal and interest in full.
 
 
  • Interest Charges
Interest rate being charged measures the level of risk mentioned during credit scoring performed by Madeinindonesia.com’s Analyst Team. After the prospective Borrower submits loan application, Madeinindonesia.com will conduct credit assessment on all information submitted by prospective Borrower (Free Service)
*Risk grade is a risk analysis towards loans by combining Borrower’s and Payer’s risk profiles.
 
  • Late Payment Fee
If the Borrower experiences any delay in paying off their loan, meaning not in accordance with the agreed schedule, we will charge a daily fee for each day of delay.
 
 
  • Insurance Fee
For origin secondary financing OSF loans, Madeinindonesia.com requires Borrowers to participate in the credit life insurance scheme, which serves to take over Borrowers' liabilities to Lenders in unforeseen circumstances.