Arunika Group
Mutiara Syariah Murabahah LineTerm loanSharia
Bank Mutiara Syariah · Arunika Group
Plafond
Rp 1,2 T
Outstanding
Rp 900 M
All-In CoF
10,97%
SPEC // 01
RISK ACCEPTANCE CRITERIA (RAC) & BATCH ELIGIBILITY
SegmentsSharia POS
Tenor6 to 36 months
Ticket sizeRp 1 jt to Rp 200 jt
Minimum score0.50
Worst SLIK collectibilityKol 2
RegionsAll regions
Sharia onlyYes
Complete documents requiredYes
Max share from one dealer12%
Batch sizeRp 4,0 M to Rp 50,0 M
Cutoff14:00
Processing2 business days
SPEC // 02
RECENT REFINANCING BATCHES WITH THIS LENDER
Loading recent batches…
SPEC // 03
FACILITY LIMITS & COMMITMENT PARAMETERS
PlafondRp 1,2 T
OutstandingRp 900 M
Utilization75,0%
CommittedYes
RevolvingNo
CurrencyIDR
Minimum drawRp 25,0 M
Notice (days)3
Availability ends—
SPEC // 04
PRICING & ALL-IN COST OF FUNDS BREAKDOWN
Rate typefixed
Base rate9,25%
Spread0,00%
Upfront fee0,75%
Commitment fee0,25%
Prepayment penalty1,00%
Default interest2,00%
Interest frequencymonthly
All-in: Interest9,25%
All-in: Upfront fee (amortized)0,38%
All-in: Commitment fee0,08%
All-in: Over-collateralization1,26%
All-in cost of funds10,97%
SPEC // 05
TENOR, AMORTIZATION & RENEWAL
MaturityWeek 105
Batch tenor12 months
Amortizationmatched
Renewal—
Renewal probability90%
SPEC // 06
FIDUSIA COLLATERAL & SECURITY
Coverage required105%
Max DPD eligible90 days
Substitution (days)5
Eligible segmentssharia_pos
SecurityFiduciary assignment of receivables
SPEC // 07
FINANCIAL COVENANTS
| Covenant | Definition | Threshold | Tested |
|---|---|---|---|
| Debt to equity | Total borrowings / total equity | <= 10x | quarterly |
| NPL > 60 dpd | Receivables over 60 days past due / gross receivables | <= 5,0% | quarterly |
| Performing AR to bank debt | Performing receivables / bank borrowings | >= 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