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Investree and Pengadaan.com expand access to capital for Indonesian SMEs

28 August 2020 12:17

JAKARTA - Investree as a fintech lending pioneer is collaborating with Pengadaan.com to continue its commitment to provide more adequate access to capital for more SMEs in Indonesia. This collaboration was realized by launching the ADW SCF (Supply Chain Financing) feature as a capital solution for SMEs registered on Pengadaan.com.

Investree's Co-Founder & CEO, Adrian Gunadi, said, "Apart from the assistance from the government to provide capital to SMEs, it is important for us as a fintech lending platform to support SMEs' ease of obtaining capital. As a form of commitment, we collaborate with Pengadaan.com to provide easy access to capital for more than 15 thousand vendors who are members of Pengadaan.com. We hope that this collaboration can contribute to lightening the burden on SMEs during this pandemic," explained Adrian.

For information, Pengadaan.com is a platform built by ADW Consulting (PT Anggada Duta Wisesa), a consulting company that focuses on developing a procurement system using strategic and innovative supply chain management. Pengadaan.com enables collaboration for B2B e-commerce in the era of procurement 4.0 which provides services that connect buyers, vendors, and financial providers to connect and collaborate intelligently on a digital transformation platform.

Adrian also explained that Investree channeled financing to Pengadaan.com vendors through Invoice Financing and Pre-Invoice Financing products. The difference is, Invoice Financing products are submitted based on invoices for work that has been completed and is awaiting payment by the Payor. Meanwhile, with the Pre-Invoice Financing product, vendors who have received orders or Work Order (SPK) from Payor can also apply for loans. (LM)

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