Copyrights and Songs as Loan Collateral

The Creative Economy Agency (Bekraf) will strive for musicians to borrow capital by guaranteeing their copyrights and songs. The problem so far is that musicians often face capital problems due to a lack of collateral. Head of Bekraf Triawan Munaf said musicians with commercial songs should be able to get loans with their copyrights and creative works.

Later, intangible ideas and creative works can be valued and have a value that can be used as collateral to gain access to banking. Thus, musicians can get capital by guaranteeing their copyrighted works