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Purpose of Campaign

To raise additional working capital needed for fulfilment of upcoming projects.

 

About the Issuer

The Company is a one-stop contractor providing repair services to the Marine, Offshore, & Oil and Gas industries. It has an excellent track record in the areas of providing Thermal Insulation, Asbestos Removal and HVAC Ducting services for their clients. Their humble beginnings began in 2002, when they first started out as a Marine Contractor, and have since expanded into 2 countries. It is now a team of highly competent people with more than 20 years of experience in this field. It has the capacity to manage small and large projects, and continually acquire modern tools and equipment to provide quality and efficient service to their customers, without compromising safety.

 

 

Issuer Summary

Date of Listing:
November 11, 2015
Amount:
S$200,000
Tenor:
12 months
Repayment Type:
Equal Instalment
Repayment Term:
Monthly
Target Interest Rate:
20.00% p.a.
Purpose:
Working Capital

Funding Summary

Percentage Funded:
80.5%
Total Amount of Eligible Offers:
S$161,000
Number of Unique Investors:
52
Target Reached:
12 days
Range of Offers:
S$1,000 ~ S$50,000
Note Rate:
20.00% pa
Number of Allocated Investor(s):
49
Highest Rate From Eligible Offer(s):
20.00%
Lowest Rate From Eligible Offer(s):
18.00%
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