The public’s demand for loan funds continues to grow each day. The rising cost of living, without a corresponding increase in income, has pushed many people to seek financial assistance through loans. This trend has been followed by a rapid rise in the number of financing institutions around us.

Today, financing services are not only offered by banks but are increasingly provided by multifinance companies as well. As of March 2021, Indonesia’s Financial Services Authority (OJK) recorded 175 registered financing companies, not including their branch networks.

With this surge in financing companies, borrowers must be extra cautious when choosing which company to trust when the need for funds arises. After all, a solution should solve your problem—not create new ones due to choosing the wrong financing provider.

To help avoid that risk, here are 4 key criteria you can use when selecting a financing company:

1. Check the Company’s Legality
   Legal standing is essential in determining whether a financing company is formally recognized. A licensed and regulated company ensures legal protection and peace of mind for its customers. One easy way to verify legality is by consulting the list of registered and supervised financing companies available on the official OJK website at www.ojk.go.id.
2. Check the Company’s Credibility
   Once legality is confirmed, the next step is checking credibility. A good indicator of a company’s credibility is the total assets it holds. The larger the asset value, the stronger its financial stability and its ability to withstand economic pressures—making it a more trustworthy institution.
3. Branch Network Coverage
   A company with a broad branch network is usually a sign of strong growth and public trust. The number of branches also reflects the company’s accessibility and its commitment to serving the community nationwide.
4. Payment Method Options
   Finally, check the variety of payment methods the company offers. The more flexible and accessible the options are, the more customer-focused the financing company is. It also shows how committed they are to making loan repayment easier for their clients.

Buana Finance: A Trusted Financing Company
As one of the 175 financing companies registered and supervised by the OJK, Buana Finance continues to expand its reach across Indonesia. With 34 branch offices across the country, Buana Finance is present in almost every province.

With over IDR 5 trillion in total assets, Buana Finance is not only credible but also financially resilient—capable of meeting the needs of a growing customer base.

In response to the public's growing need for financial solutions, Buana Finance offers a product called Bu Ana (short for Butuh Dana, or “Need Funds”). This is a loan product secured by your Car Ownership Document (BPKB), designed to be flexible and easy to access. With various repayment methods available, Bu Ana is a convenient choice for those looking for practical, trustworthy financing.