PERAN SERTIFIKAT TANAH SEBAGAI AGUNAN KREDIT DI BANK DALAM MENINGKATKAN AKSES PERMODALAN DAN INVESTASI USAHA
Keywords:
Access to Capital, Business Investment, Credit Collateral, Land CertificatesAbstract
Access to capital is a crucial factor for business growth and sustainability, especially in the Micro, Small and Medium Enterprises (MSME) sector, which often faces obstacles in obtaining financing from formal financial institutions. Land certificates, as proof of legal ownership and having a relatively stable economic value, play a strategic role as collateral for bank loans, which can increase banks' confidence in lending. This study aims to analyse the role of land certificates as collateral in supporting access to capital and its impact on business investment. The method used is library research with a descriptive-qualitative approach, using data sources from academic literature, legislation, financial institution reports, and relevant previous research results. The analysis results indicate that the use of land certificates as collateral can expand access to capital for business actors, enable financing with more competitive amounts and tenors, and encourage an increase in productive investment such as the acquisition of fixed assets, increased production capacity, and market development. However, its effectiveness is influenced by external factors such as economic conditions, land disputes, and the level of legal and financial literacy. Optimising the role of land certificates requires policy support, improved business management capacity, and synergy among stakeholders so that the benefits can be felt in a sustainable manner.
Downloads
References
Al-Ghiffari, F. (2025). The Urgency of Legal Protections for Corporate Entities in Bank Credit Applications Based on Electronic Land Certificates. https://doi.org/10.38035/jlph.v5i5.1939
Ali, M. (2024). The Vulnerabilities of Electronic Land Certificates and Legal Protection in Indonesia.
Arifin, Z. (2024). Legal Certainty in Electronic Agrarian Registration. Journal of Legal Reforms.
Bank Indonesia. (2023). Access to Finance for MSMEs through Digitalization.
Baumeister, R. F., & Leary, M. R. (2020). Writing narrative literature reviews. Review of General Psychology, 1(3), 311–320. https://doi.org/10.1037/1089-2680.1.3.311
Beck, T., Demirgüc-Kunt, A., & Maksimovic, V. (2018). Property Title, Formal Credit Access and Business Expansion. https://doi.org/10.46281/ijmri.v2i1.102
Boucher, S., Carter, M. R., & Guirkinger, C. (2008). Collateral, Guaranties and Rural Credit in Developing Countries.
Chen, W., & Zhao, Y. (2025). Credit Data, Banks, “Packaging Agencies” and the Promise of Digital Lending to Small Businesses in China. The China Quarterly.
Deininger, K., & Goyal, A. (2012). Going digital: Credit effects of land registry computerization in India. Journal of Development Economics.
Eliyah, E., & Aslan, A. (2025). STAKE’S EVALUATION MODEL: METODE PENELITIAN. Prosiding Seminar Nasional Indonesia, 3(2), Article 2.
Fera, P. (2025). The impact of the ELITE Program on SMEs’ Financing. Research in International Business and Finance.
García, J., & Martínez, A. (2022). E-land Titles and Credit Risk Reduction in Latin America.
Gu, F. & et al. (2023). The impact of digital inclusive finance on SMEs’ technological innovation activities. https://doi.org/10.1371/journal.pone.0293500
Hanoun, F. F., & Al-Hilali, F. J. (2024). The Challenges and Prospects of Electronic Land Certification in Indonesia. Journal of International Crisis and Risk Communication Research.
Haykal, H. (2025). The Influence of the Implementation of Electronic Land Certificates on Banking Credit Access.
Inada, F. (2024). Reimagining Financial Inclusion: The Role of Microlending in Malaysia’s Budget 2025. Business Today Malaysia.
Lestario, [First Name Unknown], & Erlina, [First Name Unknown]. (2025). Legal Validity and Protection Framework of Electronic Land Certificates in Indonesia. Journal of Land Policy and Law.
Mulyani, S., & Wahyudi, D. (2023). E-Certificates and Financial Inclusion in Indonesian Rural Banking.
Nguyen, M. & et al. (2024). Financial inclusion through digitalization and economic growth in Asia-Pacific countries. Journal of International Financial Markets.
Nor Azrul & [Manager of Amanah Ikhtiar Malaysia]. (2023). Analysis of Microfinance Schemes Supporting Micro-Entrepreneurs in Malaysia, Including MARA Financial Schemes.
OECD. (2022). Digital Financial Inclusion: Policy imperatives for emerging Asia.
Rahmatin, R. (2025). The Legal Validity of Electronic Certificates as Evidence. EJ-Politics.
Suharto, B. (2021). Digital Transformation in Indonesia’s Land Registry: Challenges and Implementation.
Syarief, E. (2025). Legal Issues Transformation Certificate Electronic Based. Dinasti International Journal.
Thamrin, R. M. H. (2021). Blockchain-based Land Certificate Management in Indonesia. ADI Journal on Recent Innovation.
UNCTAD. (2021). Digital Economy Report: Implications for Developing Countries’ Financial Systems.
World Bank Group. (2024). Indonesia—Reproducibility package for “Can Public Credit Schemes Improve Access to Finance for Small Businesses?”
Yamamoto, K. (2020). Digital Collateral Management and SME Lending in Asia.
Yusoff, N., & Hamid, S. (2024). Determinants of MSMEs’ credit access. Investment Management and Financial Innovations.
Zhang, L., & Xu, W. (n.d.). Digital inclusive finance: A lever for SME financing? Journal of International Money and Finance.
Zhao, M., & Liu, W. (2024). Digital financial inclusion in micro enterprises. Humanities & Social Sciences Communications. https://doi.org/10.1038/s41599-024-02856-2
Zheng, P. (2024). The impact of the digital economy on land transfer-out. Scientific Reports. https://doi.org/10.1038/s41598-024-70605-1
