ASCENDURE
ENIDRU
Questions answered

Financing hospitality projects in Bali and Indonesia — the questions we are asked most.

Direct answers on completion and expansion capital, ownership structures and security in Indonesia. Information only.

QuestionHow does completion and expansion capital from Ascendure work?Ascendure provides short-term, secured facilities — typically USD 500,000 to 5 million, for 6 to 36 months with an option to extend — to finish a project or expand an operating business, without taking any equity.Answer → QuestionWhere in Indonesia does Ascendure provide completion and expansion capital?Bali first — where Ascendure is on the ground — and then the islands to the east that share its visitors: Lombok and the Gili islands, Labuan Bajo and Flores (the gateway to Komodo), Sumba and Sumbawa, and Nusa Penida and Lembongan.Answer → QuestionHow do I finance a gym or wellness studio in Bali or elsewhere in Indonesia?If the gym or studio is already trading, short-term secured expansion capital can fund a new site, a bigger space or new equipment — secured against the equipment, the company’s shares and any property the business owns — without giving up equity.Answer → QuestionHow do I fund a restaurant, café or beach club in Bali or elsewhere in Indonesia?For a venue that is already trading, short-term secured expansion capital can fund a new site, a fit-out or an upgrade — secured against the kitchen and venue equipment, the company’s shares and any property the business or its owners hold — without selling equity.Answer → QuestionHow do I finance a villa development in Bali?Most Bali villa developments are started with the owner’s own money (equity), partners or off-plan pre-sales, then finished or expanded with short-term private capital secured against the land and the building.Answer → QuestionCan a foreigner get construction finance in Indonesia?Rarely from an Indonesian bank, but yes from private capital providers. Foreign individuals cannot hold freehold land ( Hak Milik ) and usually have no Indonesian credit history, so banks seldom give them construction finance.Answer → QuestionMy Bali project has run out of money before completion — what now?Secure the site, get an independent cost-to-complete, and then decide how to fund the gap.Answer → QuestionWhat security do capital providers take over HGB land or a PT PMA?Usually three things together: a registered Hak Tanggungan over the HGB land title, a pledge over the shares of the PT PMA (the foreign-owned company), and fiduciary security ( fidusia ) over the company’s movable assets and income.Answer → QuestionWhat does it cost to complete a stalled villa project in Bali?Almost always more than what is left of the original budget. Start with the unbuilt work at today’s prices, then add repairs to anything that has deteriorated, the contractor’s restart costs, price rises since the original contract, outstanding fees and permits, and a 10–20% buffer for surprises.Answer → QuestionWhat documents do I need to apply for development finance in Bali?You need two things: a simple financial model, and your Indonesian company and land paperwork.Answer → QuestionWhat does it cost to set up a development finance facility in Bali?On top of the facility’s own pricing, expect third-party costs of roughly USD 23,000–30,000 to set it up.Answer → QuestionCan I get funding to buy land or cover pre-construction costs in Bali?Yes, in part. For a freehold (Hak Milik) or HGB land purchase — by an Indonesian owner or a foreign-owned company — Ascendure can advance up to 50% of the land’s forced-sale value — the price an independent valuer says it would fetch in a quick sale — with the rest coming from your own money or partners’.Answer → QuestionCan off-plan sales repay a completion or construction facility in Bali?Yes — for most Bali villa and apartment projects, sales are how the facility is repaid.Answer → QuestionDo I need a separate company for each Bali development project?Not by law, but it is usually wise: holding each project in its own company — a local PT or a foreign-owned PT PMA — keeps the accounts and security clean and ring-fences each project’s liabilities from your others.Answer → QuestionHow long does it take to get completion capital for a Bali project?Typically around five to six weeks from a complete information pack to the first release of funds.Answer → QuestionHow do I finance a hotel, villa or restaurant project in Lombok?Much as in Bali: the owner’s own money buys the land — Ascendure can part-fund a freehold or HGB purchase — and gets the permits, and short-term secured capital then finishes the build or funds the expansion of a trading business — secured against the land title, the company’s shares and its equipment and income.Answer → QuestionHow do I finance a hotel or villa project in Labuan Bajo and the Komodo corridor?With the owner’s equity for the land (Ascendure can part-fund a freehold or HGB purchase) and permits, then short-term secured capital to complete the build or expand an operating business — secured against the land title, the company’s shares and its equipment and income.Answer → QuestionCan I get finance for a resort or villa project in Sumba or Sumbawa?Yes, selectively. Ascendure backs lodge-scale, high-rate resort and villa projects in Sumba and Sumbawa where the title is clean, the operator is credible and the land is held in the project company.Answer → QuestionWhat security can a restaurant, gym or hotel operator offer a capital provider in Indonesia?Usually a combination: fiduciary security ( fidusia ) over the business’s equipment, stock and receivables; a pledge over the shares of the operating company; and, where the business or its owners hold land, a registered mortgage ( Hak Tanggungan ) over it.Answer → QuestionDoes Ascendure work with brokers and introducers in Bali and Indonesia?Yes. Ascendure works with brokers, advisers and introducers who bring hospitality and real-asset projects needing USD 500,000 to 5 million of short-term, secured completion or expansion capital — in Bali, Lombok, Labuan Bajo, Sumba and elsewhere in Indonesia.Answer →

Have a question about a specific project?

Enquire