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Get credit line of up to IDR 100.000.000 with just a few simple documents
Are you a fast-growing SME in Indonesia? Don’t let cash flow gaps stand in the way of your growth opportunities!
Tap into Merchant DigiFund—a simple and affordable online business loan—no collateral needed.
Unlike banks and P2P lenders, we don’t need collateral or complicated documentation
No hidden fees - no admin, processing, or any other fees
Credit line increases as your revenue increases
Repayment is automatically deducted from your revenue. Don’t worry about forgetting to pay on time
With transactions and financing on the same Xendit platform, we can evaluate your loan applications more quickly
You have started accepting payments on your store with Xendit
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At Xendit, we understand that cash flow is critical to getting a business up and running. But it is precisely at the start of growth where cash flow is most inaccessible to a business.
Our Merchant DigiFund seeks to provide you with a line of credit with minimal requirements, and at affordable rates. As we build our relationship with you and invest in your growth, the credit line amount increases alongside your revenue.
… and many more…
The Merchant DigiFund is a partnership between Xendit and BPR Xen, our lending partner that is supervised by the OJK.
| Starting credit limit | IDR 5,000,000 – 100,000,000 Subject to credit assessment |
| Monthly interest rate | 18 – 24% Subject to credit assessment |
| Drawdown tenor | 12 months |
| Repayment scheme | Monthly installments |
| Auto deduction % per drawdown | 10 – 40% Subject to credit assessment |
| Facility Expiration | Never |
| Provision Fee | None |
| Credit Line Increase Fee | None |
| Late penalty | Interest will continue to accrue on a daily basis |
There is no need for you to take any action to make a payment if your revenue is sufficient to fulfill your monthly installment amount.
Your payment will be automatically deducted from your transactions coming into Xendit.
Let’s take an example where your loan is approved with the following terms:
| Credit limit | IDR 50,000,000 Subject to credit assessment |
| Interest per annum | 20% Subject to credit assessment |
| Drawdown tenor | 12 months |
| Repayment scheme | Equal monthly instalments |
| Auto-deduction rate | 25% |
Drawdown IDR 50,000,000
16 June 2022
| 15 Jul 2022 IDR 5,000,000 due | 15 Aug 2022 IDR 5,000,000 due | 15 Sept 2022 IDR 5,000,000 due | 15 May 2023 IDR 5,000,000 due |
Monthly instalment amount=
IDR 50,000,000*(100%APR) / 12 = IDR 5,000,000
Each month (e.g. from 16 June to 15 July) 25% of each transactoin coming in goes to loan repayment up to the instalment amount due, i.e. IDR 5,000,000. The remaining amount you earn each month is available for withdrawal.
If 25% of your monthly revenue does not reach IDR 5,000,000, you will be required to top up the outstanding amount to your dashboard. A late fee will be charged for missed payment.Apply for Merchant Digifund loan
Register with Xendit and start receiving payments
14-30 Days
Receive email on loan approval result
Use the funds to grow your business
Any legal revenue-generating business domiciled in Indonesia using digital transactions
In order to be approved for a Merchant DigiFund, we require submission of various documents related to identity verification, proof of revenue, and regulatory compliance. You will also be required to do a quick onboarding to our payment gateway.
You will be assigned an interest rate for your Merchant DigiFund loan. This interest rate is:
We do not charge any admin, provision, transaction, or restructuring fees. The only fee we charge is a one-time fixed late fee if you miss a payment due date.
All Merchant DigiFund drawdowns are paid by auto-deduction. This means that we deduct a flat rate (e.g. 20%) of your transaction amounts coming into Xendit, up until your monthly installment has been fully repaid. If your monthly revenue does not fulfill the monthly installment amount, you will be required to top up your account 3 days prior to the due date.
Interest will continue to accrue on the outstanding amount if you miss an installment’s due date.
We will automatically increase your limit at certain intervals of time if you have demonstrated sufficient usage of the loan and have been making on-time payments.
The Merchant DigiFund is a financing facility supported by PT Bank Perkreditan Rakyat Xen, our lending partner that is supervised and registered under OJK. It is 100% safe to obtain financing under the Merchant DigiFund scheme.
© 2022 Xendit (PT Sinar Digital Terdepan). All rights reserved.
Privacy Policy | Terms & Conditions
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