PT Pool Advista Finance, Tbk. formerly named PT Indojasa Pratama Finance.

PT Indojasa Pratama Finance was initially established as a trusted company in the consumer finance sector in the automotive sector. The company was established on May 21, 2001 under the name PT Indojasa Finance based on a deed made before Paulus Widodo Sugeng Haryono S.H., Notary in Jakarta, and was approved by the Minister of Law and Human Rights R.I. dated 9 July 2001 and has been announced in BNRI No .: 79, TBN No. 11836, October 1, 2002.

In 2002, Indojasa Finance obtained a business license as a Financing Company from the Minister of Finance of the Republic of Indonesia based on Minister of Finance Decree No .: 180 / KMK.06 / 2002, April 23, 2002.

In 2003, Indojasa Finance entered the capital market by issuing bonds in 2003 valued at Rp. 40,000,000,000, - (Forty Billion Rupiah) under the name Indojasa Pratama I Amortitation Bonds in 2003 with a fixed interest rate, rated BBB + (Triple B Plus) from PT Kasnic Credit Rating Indonesia.

Even then, Indojasa Finance was one of the few SMEs that had succeeded in issuing and registering bonds through the capital market. In November 2008, all bonds payable were paid in full.

Entering 2004, Indojasa Finance obtained permission to open a branch office from the Minister of Finance of the Republic of Indonesia, so that it has 9 branch offices spread across the provinces of West Java and Banten Province based on the Decree of the Minister of Finance of the Republic of Indonesia No .: Kep-034 / KM.06 / 2004, 26 January 2004.

On the same occasion, the Company's name was changed to PT Indojasa Pratama Finance based on deed No. 6 dated October 26, 2004, made before Herlina Suyati Bachtiar, SH., MBA, Notary in Jakarta, and received approval from the Minister of Law and Human Rights R.I. No .: C-27588.HT.01.04.TH.2004, 3 November 2004 and has been announced in BNRI No. 52, TBN No. 6892, July 1, 2005, and received approval from the Minister of Finance R.I. based on the Minister of Finance Decree No. Kep-398 / KM.5 / 2005, 10 November 2005.

For its performance since the Company was founded, Indojasa Finance received a "Very Good" rating for the category of finance companies with assets under Rp. 100 billion based on the results of research conducted by the InfoBank Research Bureau, as published in InfoBank magazine No. 318, September 2005.

The same thing also happened in 2006. Indojasa Finance again received a rating of "Very Good" in the category of Medium Financing Companies (assets of Rp. 100 billion to Rp. Below Rp. 1 trillion) and was ranked 5th (fifth) best based on the results of the InfoBank Research Bureau, as published in Infobank magazine No. 329, August 2006.

In the same year Indojasa Finance also managed to rank 7th (seventh) best as a finance company in the asset category of Rp. 100 - 250 billion version of Investor Magazine Edition No. 153, August 22 - September 4, 2006.

In 2007 Indojasa Finance again received a rating of "Very Good" in the category of Medium Financing Companies (assets of Rp. 100 billion to Rp. Under 1 trillion) and was ranked the 7th (seventh) best based on the results of research conducted by the Research Bureau Infobank, as published in Infobank magazine No. 341, August 2007.

In 2009, Indojasa Finance re-placed the financing company with the title "Very Good" in the category of Medium-Financing Companies (assets of Rp. 100 billion to Rp. Under 1 trillion) and was ranked 13th (thirteenth) best based on the results of research conducted by the Infobank Research Bureau, as published in Infobank magazine No. 265 August 2009.

Its various performance places Indojasa Finance as a leading automotive consumer financing company in the country and also continues to carry out its commitments to banks that support Indojasa Finance.

In the period of 2013 to 2015 the shareholders took a conservative step in facing the unfavorable economic situation of Indonesia, namely to stop the total expansion of new businesses. The company initially only focused on consumer financing in the automotive sector, especially commercial vehicles, namely truck financing whose business is in the transportation of coal, sand, and palm oil, so in line with the deteriorating mining and plantation industry, the drivers of truck owners are severely affected. So during that period it was an internal consolidation period by taking policies or strategic steps such as reviewing branch performance, focusing on collections, reviewing HR, systems and procedures, implementing Good Corporate Governance, Risk Management, Compliance, Internal Control and KYC implementation. In the face of a less conducive economic situation, the company still maintains commitments to 17 creditors who have supported the company to date.

In measuring the company's performance, Indojasa Finance rated the company by PEFINDO on December 23, 2015 and obtained an idBB rating which is a benchmark for Indojasa Finance's performance of its efforts to consolidate during the period 2013 to 2015. Although getting an idBB rating, it can be said to be good and deserves appreciation because in a bad economic situation in the last 2 years, Indojasa Finance remains in the healthy category. Indojasa Finance hopes in the first semester with the support of creditors, the company can get a minimum investment grade category rating.

Entering 2016 and in line with the expansion of the policy of the Financial Services Authority regarding Business Activities whereby the finance company can provide investment financing, working capital financing, multipurpose financing and also allowed for fee-based activities including activities to market financial services products including, mutual funds , insurance, micro or other products related to financial services activities, finance companies have tremendous business potential. Indojasa Finance also increased capital from Rp. 55,000,000,000 (Fifty Five Billion Rupiah) to almost Rp. 255,000,000,000 (Two Hundred Fifty Five Billion Rupiah), so the company is ready to develop its business.

In addition to infrastructure improvements, in 2016 the company is ready to face business challenges again by moving its head office from Alam Sutera, Tangerang to Jakarta, namely in the Central Senayan Building 2, Jakarta and consolidating several branches in accordance with the business focus that will be run in accordance with POJK 29 / 2014 and is ready to expand into the financing sector with the aim of investment, working capital and multipurpose.

Since November 2, 2017, the name has changed to PT Pool Advista Finance

Now based in south Jakarta.

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