PT. Surya Artha Nusantara Finance Specific in Heavy Equipment
Uncertainty of national economy situation cause some financing companies find difficulties in financing. Credit sales volume descending drastically till 10 until 15 percent and stuck credit estimated to increase one until two percent. This condition worsen again by the increase of bank rate. Because, most source of financing company come from bank credit.
The result can be guess. Some of financing companies forced to close down, some of them stop giving credit. Only one or two which can sustain, they even walk in place. To overcome the difficulty of alternative financing, getting fund from public directly or plait relationship with the foreign financing company and banking.
So was said by President Director PT. Surya Artha Nusantara Finance Susilo Sudjono, not so long ago in Jakarta. When he was met at his office, Susilo explained that at this time the ownership of San Finance hold by Astra and Marubeni Corporation. Astra 60 percent and Marubeni 40 percent. This company was founded by Astra in order to follow financing the heavy equipment and its related products.
(source : Indonesia Equipment Magazine May-June 2006 edition)