Purpose of Campaign

The funds will be used as working capital to fulfil an installation project for a major MNC client with whom it has had an ongoing business relationship with. It has also received timely and regular payments from this client.

 

About the Issuer

The Company is a product and industrial design house with a strong focus on prototyping and mass-manufacturing techniques. Founded in 2001, it initially began life as a toolmaker, making plastic injection moulds for manufacturers. In 2006, it ventured into design R&D as well as prototyping. It has since evolved from a humble maker of tools, into an end-to-end systems integrator with strong competencies in R&D, product design as well as mass-manufacturing.

 

 

Issuer Summary

Date of Listing:
March 10, 2016
Amount:
S$120,000
Tenor:
6 months
Repayment Type:
Callable
Repayment Term:
Quarterly
Target Interest Rate:
18.00% p.a.
Purpose:
Working Capital

Funding Summary

Percentage Funded:
100.0%
Total Amount of Eligible Offers:
S$120,000
Number of Unique Investors:
31
Range of Offers:
S$1,000 ~ S$40,000
Note Rate:
18.00% pa
Number of Allocated Investor(s):
31
Highest Rate From Eligible Offer(s):
18.00%
Lowest Rate From Eligible Offer(s):
18.00%
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