Purpose of Campaign

To obtain additional working capital that will be used to purchase raw materials for inventory.

 

About the Issuer

The Company is a Singapore-based SME established in early 2007. It is started by two entrepreneurs with the objective to serve and provide for engineering needs towards local demands for CNC Machining; with many years in 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:
March 1, 2016
Amount:
S$150,000
Tenor:
12 months
Repayment Type:
Equal Instalment
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$150,000
Number of Unique Investors:
47
Range of Offers:
S$1,000 ~ S$12,000
Note Rate:
18.00% pa
Number of Allocated Investor(s):
47
Highest Rate From Eligible Offer(s):
18.00%
Lowest Rate From Eligible Offer(s):
18.00%
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