Find Funding Pulse - tdo-capital.com

What changed in SME funding this week, and what it means for your cash.

A short, sourced brief for business owners and lenders in Indonesia: rules, programmes and market moves that affect your access to funding, with a plain note on why each one matters.

Issue 01 · 11 Nov 2026Every item links to its sourceFor information only, not financial advice

Check which funding fits you

Watch widely. Filter to you. Say what to do.

We follow the sources an SME owner or a lender cannot read every week, keep only what is relevant to your sector and size, and explain the effect on funding and cash flow.

Monitor

OJK and Bank Indonesia rules, government programmes, lender announcements, the rupiah and the IHSG.

Filter

Only what touches your sector, size and funding need. The rest is noise.

Interpret

What it means for your borrowing options, costs and cash buffer, in plain language.

Trace

Every claim shows its source and date so you can check it yourself.

Issue 01: the funding landscape you are operating in

Our first issue sets the baseline. From Issue 02, each brief covers only what changed that week.

Issue 01 · Baseline

11 Nov 2026

Regulation

OJK rules now allow alternative data in SME financing

POJK 19/2025 on SME financing lets lenders use alternative data, not only SLIK credit-bureau history, when assessing small businesses.

Why it matters: an SME with no bank history can still be assessed if it can show consistent sales, payments and cash flow. Keep clean records now.

Source: OJK, POJK 19/2025.

Programme

PIP UMi has reached over 12 million ultra-micro borrowers

Through June 2025 the government's ultra-micro financing programme had channelled about Rp50.4 trillion to 12.5 million debtors since 2017, via PNM, Pegadaian and Bahana Artha Ventura.

Why it matters: for very small businesses this is a proven, low-collateral route, and graduating from it into bank credit is the next step.

Source: government PIP figures as reported, through June 2025.

Credit

SME credit stands at Rp1,397 trillion, about 15.6% of total loans

Outstanding SME lending was Rp1,397.4 trillion in July 2025, an SME ratio of 15.58%.

Why it matters: lenders are under pressure to grow this share, so well-prepared applications have room to succeed.

Source: OJK, July 2025 data.

Market

Rupiah and IHSG: volatile, so watch your costs

See the Market Watch charts below for the latest IHSG and USD/IDR prints.

Why it matters: a weaker rupiah raises the rupiah cost of imported inputs. If you import, keep a larger cash buffer and review supplier prices monthly.

Source: see the charts below.

Figures are from the sources named and may have been updated since. Check the source before you rely on a number.

Which kind of funding fits your business?

Five quick questions. You get the types of funding worth asking about and what to prepare. It is an indication, not an approval, and nothing is stored.

What do you do? How much do you need? What is it for? Can you offer collateral? Do you keep records of sales and payments?

Your options will appear here.

The same brief, for your portfolio

Portfolio watchlist

A monthly note for banks, BPRs and programme managers: regulatory changes, rate and rupiah exposure, and sector stress that affects your borrowers.

Borrower credit reports

Where a borrower consents, a credit scoring report with the factors behind the score, so every number can be traced.