Purpose of Campaign

The Issuer needs to purchase raw materials for production of products to fulfill confirmed sales orders. The orders are regular as the customers need these parts for their product manufacturing.

About the Issuer

Established in 2007, the Company was built by two entrepreneurs with the objective to serve and provide engineering needs towards local demands for CNC Machining; with many years in the engineering field specializing in machining works and customized metal fabrications for industries such as aerospace, automation, automotive, chemical process, oil & gas, heavy engineering, marine, manufacturing and semi-conductor/electronics industry.

Issuer Summary

Date of Listing:
May 26, 2016
Amount:
S$100,000
Tenor:
12 months
Repayment Type:
Interests Only
Repayment Term:
Monthly
Target Interest Rate:
18.00% p.a.
Purpose:
Working Capital

Funding Summary

Percentage Funded:
100.0%
Total Amount of Eligible Offers:
S$100,000
Number of Unique Investors:
102
Range of Offers:
S$1,000 ~ S$8,000
Note Rate:
17.50% pa
Number of Allocated Investor(s):
63
Highest Rate From Eligible Offer(s):
17.50%
Lowest Rate From Eligible Offer(s):
9.00%
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