Purpose of the Campaign
The Company needs additional  funds to purchase equipment in order to fulfill its current projects. The Company has taken on an increased amount of structural installation projects this year, with the major contract worth a total of $889,600, awarded earlier this year. The project is expected to be completed by Feb 2017, and payments are received on a progressive basis. 
 
About the Issuer
The company is a structural steel fabrication and installation works contractor. The company is a specialist in the erection of steel fabrication, and enjoys a strong recurring relationship with several major customers in the construction and engineering line. The Company was established  in Singapore in 2012.

Issuer Summary

Date of Listing:
August 10, 2016
Amount:
S$50,000
Tenor:
12 months
Repayment Type:
Equal Instalment
Repayment Term:
Monthly
Target Interest Rate:
19.00% p.a.
Purpose:
Business Expansion / Growth Capital

Funding Summary

Percentage Funded:
100.0%
Total Amount of Eligible Offers:
S$50,000
Number of Unique Investors:
9
Range of Offers:
S$5,000 ~ S$10,000
Note Rate:
19.00% pa
Number of Allocated Investor(s):
9
Highest Rate From Eligible Offer(s):
19.00%
Lowest Rate From Eligible Offer(s):
19.00%
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