- Business
- PT Radana Bhaskara Finance Tbk primarily operates in the financial services sector in Indonesia, specializing in various financing solutions targeting corporate and business clients. The company’s core products and services include asset/collateral-based financing such as investment financing for the purchase of new or used heavy equipment and trucks; sale and leaseback financing to optimize working capital; invoice or receivables financing secured by heavy equipment, trucks, or property; multipurpose financing; and sharia-compliant financing products. These offerings support acquisition of business assets, working capital enhancement, and production capacity expansion with flexible tenors up to 60 months and financing limits ranging from IDR 500 million to IDR 25 billion. Radana also provides services related to financing factoring and trade receivables administration. Founded in 1972 and headquartered in Jakarta, PT Radana Bhaskara Finance Tbk operates mainly within Indonesia, serving corporate and business sectors.
Recent major changes in PT Radana Bhaskara Finance Tbk include strategic collaborations to support operational efficiency, notably an ongoing partnership with technology provider ElysianNxt to implement advanced financial reporting standards (IFRS9.NXT), enhancing support for the company’s evolving business model. The company has also focused on optimizing cash flow products like leaseback financing and has maintained a robust presence in financing heavy equipment and commercial vehicles throughout 2024 and 2025. It remains a subsidiary of Rubicon Investments Holding Pte. Ltd., emphasizing continued financial backing and strategic guidance for expansion and product development. The company’s stock is actively traded on the Indonesia Stock Exchange under the ticker HDFA.JK, reflecting ongoing market activity and investor interest.
PT Radana Bhaskara Finance Tbk's industry segments include consumer financing, asset-backed financing, working capital financing, and Sharia financing products. The company targets business entities involved in trading, manufacturing, and heavy equipment sectors. Its financing solutions provide insured collateral protection and administrative support for collection and receivables management. The company’s foundational roots trace back to 1972 as Indo Lease, transitioning to its current brand in 2014, reflecting a refined strategic identity to enhance market positioning in Indonesia’s robust financial services industry. Geographically, its operations primarily cover Java and Sumatra regions.
Overall, PT Radana Bhaskara Finance Tbk offers comprehensive financing solutions tailored to meet capital asset needs and operational liquidity for Indonesian businesses, backed by recent operational enhancements and strategic partnerships to bolster competitive advantage and market responsiveness.