Creative actors owning IP can apply for KUR exceeding Rp100 million
The KUR scheme based on IP is expected to bridge the limitations of physical collateral, which has long been the main obstacle to credit access.
Jakarta (ANTARA) - The Ministry of Law has revealed that creative actors owning intellectual property (IP) can apply for People’s Business Credit (KUR) worth more than Rp100 million through the IP-based KUR scheme.
Director General of Intellectual Property at the Ministry of Law, Hermansyah Siregar, stated that the government continues to encourage the utilisation of intellectual property as a financing instrument for creative economy actors.
“The IP-based KUR scheme is expected to bridge the limitations of physical collateral that has long been the main barrier to credit access,” said Hermansyah in a statement confirmed in Jakarta on Friday.
He stated that the policy is a strategic step to optimise the economic value of national intellectual property in order to provide legal certainty while opening up financing opportunities for IP-based businesses.
He hopes that the scheme will encourage creative economy businesses to level up and become more competitive by using it as additional collateral for financing above Rp100 million up to Rp500 million.
Furthermore, the policy is supported by a regulatory framework that allows intellectual property to be used as financing collateral as long as it meets economic value and legality requirements.
Hermansyah explained that the legal basis includes Law No. 4 of 2023 on the Development and Strengthening of the Financial Sector, Financial Services Authority Regulation (POJK) No. 19 of 2025, Minister of Creative Economy Regulation (Permenekraf) No. 6 of 2025, and Fiduciary Security Law No. 42 of 1999.
In this regard, the Directorate General of Intellectual Property (DJKI) of the Ministry of Law plays a role as a validator of intellectual property data in the financing scheme.
DJKI serves as a legal data source that verifies the registration and recording status of intellectual property to be used as collateral.
Therefore, he reminded that registered and commercially utilised trademarks, patents, and copyrights can become viable assets for bank financing.
He stated that this step also encourages businesses to be more aware of registering, recording, and managing their intellectual property.
“We want to ensure that intellectual property is not only protected but can also be legally and sustainably commercialised. DJKI is ready to support the creation of a trusted IP-based financing ecosystem,” he said.
Hermansyah explained that the implementation of IP-based KUR is carried out through stages of business application, IP data validation, valuation by certified appraisers from the Ministry of Creative Economy, to credit analysis by the State-Owned Banks Association (Himbara).
This process, he said, is designed so that the economic value of intellectual property can be taken into account as additional collateral in financing.
For example, for trademarks, he mentioned that according to Article 13 of POJK 19/2025, it must be registered with DJKI and still have a valid certificate; free from disputes such as not in the process of transfer, cancellation, or litigation in commercial court; and managed commercially, namely already generating cash flow or having market potential.
The criteria for those who can apply for KUR include creative economy practitioners with intellectual property; micro and small business actors (UMK); business groups including UMK groups, farmers/fishermen, and farmer/fishermen group cooperatives; micro/small-scale businesses with annual turnover less than Rp4.8 billion; productive and viable businesses; and not from active Civil Servants (ASN)/Police/National Armed Forces (TNI).
The government hopes this policy will become a solution to the financing gap still faced by most creative economy businesses.
“Thus, intellectual property can play a role as an engine of economic growth and national competitiveness,” said Hermansyah.
According to him, the scheme also reflects a paradigm shift in financing from tangible assets to intangible assets.
The utilisation of intellectual property as collateral is seen as aligned with the development of innovation-based economies at the global level.