Established in 2005, PT Komatsu Astra Finance is a joint venture company that runs its business in corporate financing service which provides leasing service to premium/corporate customer with heavy equipment as the object finance.
Previously, the Company only focused on specific industry which is coal mining industry. However, in year 2013, the Company had started to expand the business into non coal mining segment industry by having new portfolio with gold mining and agro-forestry customers. In 2014, the expansion of business keep continues, proven by having new portfolio with agro customers.
The Company currently provides two types of financial service, namely Financial Lease as our main financing product and Installment Finance (Consumer Finance) as the addition Finance Lease which service for object finance Heavy Equipment which is the main business for the Company, whereas Installment Finance as the extension of the Company's main business referred to as Spare Part-Financing.
The Company's national service coverage is directly made from the Head Office located at United Tractors Head Office Wing Area 6th Floor, Jalan Raya Bekasi KM 22, Cakung, Jakarta. In 2016 we expand our first representative office in Pekanbaru to support business expansion in Sumatra Area. KAF customer's mining sites mostly located in Kalimantan, and the rest located from other island in Indonesia.
In accordance with the Company's mission to support sales of Komatsu & related products, majority of the Company object financed are Komatsu big equipment and related products that are sold through United Tractors.
As of December 2016, the Company's total assets were US$ 260.5 Million with total Gross Financed since the Company established was US$ 1.8 Billion.