BFI Finance Indonesia Tbk PT

PT BFI Finance Indonesia Tbk, a financial services company founded in 1982 and based in Tangerang Selatan, Indonesia, offers a diverse array of financing solutions. Its core business activities encompass investment, working capital, multipurpose loans, and sharia-compliant financial products. The company operates through distinct segments focusing on vehicle financing (for both cars and motorcycles) and other asset-backed financing. It provides credit for acquiring new and used cars via a network of dealers and sales representatives, alongside financing specifically for pre-owned motorcycles. Beyond individual vehicle purchases, PT BFI Finance Indonesia Tbk also extends its services to various industries. It offers financing for new and used heavy equipment, industrial machinery, commercial trucks, public transportation vehicles, and other specialized equipment. This support caters to a broad spectrum of sectors, including mining, trade, construction, service industries, agriculture, manufacturing, transportation, and infrastructure development. Furthermore, its portfolio includes property-backed financing, such as mortgages for houses and shophouses. The company facilitates working capital provisions, offers funding facilities, finances large-scale projects and infrastructure, operates IT-based borrowing and lending platforms, and provides factoring services. As of December 31, 2021, PT BFI Finance Indonesia Tbk maintained a substantial presence throughout Indonesia with 217 operational branches, including 45 dedicated Sharia representative branches and 57 kiosks. The company was formerly known as PT Bunas Finance Indonesia Tbk until it officially changed its name to PT BFI Finance Indonesia Tbk in June 2001.