zowhy.com – Investree, a technology startup engaged in financing or financial technology (fintech) lending, focuses on financing and financing environmentally friendly industries. This commitment is demonstrated through the distribution of green financing for PT Gesits Bali Pratama or Gesits Pratama. The program was launched following the success of Investree in obtaining funding of US$ 10 million or equivalent to Rp. 143.5 billion (exchange rate of Rp. 14,350 per US$) to respond to ability investments from a Swiss asset manager company, Accial Capital.
Meanwhile, Gesits Pratama is one of the largest distributors of Wika Industri Manufaktur (WIMA) as a manufacturer of electric motors. This company distributes electric motors produced by WIMA to all corners of Indonesia. Most of Gesits Pratama’s big clients include State-Owned Enterprises (BUMN), private companies, and governments that currently have a need for environmentally friendly vehicles.
“In this collaboration, Investree disburses loans to Gesits Pratama with the aim of making their procurement activities or business-to-business (B2B) transactions successful. For example, a loan from Investree helped cover down payments to electric motor manufacturers (WIMA) when Gesits Pratama received a certain number of unit orders,” said Investree Co-Founder & Chief Executive Officer (CEO) Adrian Gunadi in a statement, Monday (8/11). /2021).
According to him, Investree is also committed to helping finance the process of sending motorcycle units to their destination. The reason is, the client will definitely pay later with various tenors or through a credit scheme.
So, said Adrian, this financing activity is very focused on supply chain financing in accordance with the company’s core business. The financing assistance that Investree distributes to Gesits Pratama can be categorized as green financing because Investree contributes to the smooth running of the electric motorcycle distributor business, which is currently in high demand in the market.
Not only that, Adrian said, in running a business, the company does not only pursue profit but also how to be able to improve the economic quality of micro, small and medium enterprises (SMEs) and people’s lives. This is done through access to finance and health, digital financial literacy, and social movements for the welfare of the community.
“This green financing project with Gesits Pratama is included in the first and third pillars. We hope that what we have contributed together with Gesits Pratama is able to make the world recover and become a safe and comfortable place for the community to live,” he said.
Meanwhile, Director of Gesits Pratama Sari Suryanti added that this collaboration will help companies manage their finances. He also appreciated the steps taken by Investree.
- The Importance of Equitable Internet for All
- Kao Indonesia Runs “KAO Children” Program
- Djarum Trees For Life Initiates the Planting of One Million Mangroves
- CIMB Niaga Strengthen Bancassurance Channels
- Pos Indonesia Presents ROSE ORANGER
This is because the financing program is in accordance with the Bali Provincial Governor’s Regulation (Pergub) regarding the use of clean energy and battery-based electric motorcycles. Thus, both parties are pioneers in the use of environmentally friendly vehicles in Indonesia.
“Now we don’t have to worry about the health of the company’s cash flow because we have been assisted by Investree. The application process until the loan is disbursed is also easy and fast, a pleasant experience being a Borrower at Investree,” he concluded.