Purpose of Campaign

Invoice Financing - The Issuer seeks to obtain short-term financing and working capital through this loan, which is expected to be repaid from the proceeds of the Issuer’s client’s payment of the Issuer’s invoice.

About the Issuer

The Issuer is in the ice manufacturing and supply industry and has around 100 employees.

 

Issuer Summary

Date of Listing:
June 30, 2017
Amount:
S$70,000
Tenor:
3 months
Repayment Type:
Bullet
Repayment Term:
Monthly
Target Interest Rate:
12.00% p.a.
Purpose:
Working Capital

Funding Summary

Percentage Funded:
100.0%
Total Amount of Eligible Offers:
S$70,000
Number of Unique Investors:
31
Range of Offers:
S$1,000 ~ S$6,000
Note Rate:
12.00% pa
Number of Allocated Investor(s):
31
Highest Rate From Eligible Offer(s):
12.00%
Lowest Rate From Eligible Offer(s):
12.00%
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