PROJECT INVESTMENT STRATEGIC FINANCING PLAN, TROUGH COMPANY’S RECEIVABLES ASSIGNMENT AS BANK LOAN SECURITY (CASE : PT. JBG, Indonesia)

• Main Author: NUGROHO WAHYONO - 29116005, SURYA
• Format: Theses
• Language: Indonesia
• Online Access: https://digilib.itb.ac.id/gdl/view/31150
• Institution: Institut Teknologi Bandung

Account receivable is the most of the company’s asset, with the strategic financing formulation the used of account receivable can be more optimizing as a company’s capability to generate project financing. This Final Project explore and discuss about project financing strategy that PT.JBG can be create to achieve the funding from Mandiri Bank. The business expansion is by relocate the existing power plant to places in industrial estates to serve the power and electricity demand direct to consumer consisting of industrial sector that setting the factory or warehouse inside the industrial estates. The principle idea of assign the receivable as security to issuing bank’s loan is influence by account receivables position against the account payable, which is have a high level of gap. The output of financing strategy formulation is to create the structure of financing strategy with assign the receivables in Bank’s account to issuing further bank facilities consisting of Letter of Guarantee. This financial strategy also supported by Capital Budgeting process, company’s financial performance projection and return estimation that generate from the project with estimating the financial cost from the facilities. <br /> <br /> Last words, this Final Project is shows that financing strategy can be formulate with considering the company’s financial capability including the use of account receivable. <br />