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Purpose of Campaign

Due to a surge in customer orders this year, the Company needs additional funds to purchase new filtration equipment, and also to cover marketing costs as it plans to make aggressive expansion into the B2C sector. It currently has to fulfill approximately $183,300 in existing orders from clients.

About the Issuer

The Company provides comprehensive filtration technology solutions for various requirements for Air, Dust and Liquid. Since tapping into a growing and increasingly niche market for water filtration products in 2009, the company has established itself as one of the key industrial suppliers of water filter components and has expanded to the residential market in recent years.

 

Issuer Summary

Date of Listing:
July 7, 2016
Amount:
S$120,000
Tenor:
12 months
Repayment Type:
Equal Instalment
Repayment Term:
Monthly
Target Interest Rate:
18.00% p.a.
Purpose:
Asset Purchase

Funding Summary

Percentage Funded:
100.0%
Total Amount of Eligible Offers:
S$120,000
Number of Unique Investors:
25
Range of Offers:
S$3,000 ~ S$12,000
Note Rate:
18.00% pa
Number of Allocated Investor(s):
25
Highest Rate From Eligible Offer(s):
18.00%
Lowest Rate From Eligible Offer(s):
18.00%
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