Issuer FAQ

If you're a growing SME, you may have faced strict credit requirements or slow turnaround times from banks. At Alixco, we provide a fast, flexible, and transparent alternative:

• Raise RM 50,000 – RM 5 million

• Short 1–12 month financing tenures

• Disbursement in as little as 1–7 days

• Fully online process

• Competitive interest rates as low as 8% p.a. (8% p.a. - 18% p.a. depending on your company's risk score) 

With Alixco, you tap into a diverse pool of investors while keeping full control of your business.

Sign up in just a few clicks at
www.alixco.com/register

Once registered, you'll be guided step-by-step to:

• Submit documents

• Fill in your campaign details

• Undergo credit review

• Launch and raise funds!

An issuer can be sole proprietorships, partnerships, limited liability partnerships, private limited and non-listed public companies. The following entities are prohibited from raising funds through a P2P platform:
(a) Commercially or financially complex structures (i.e. investment fund companies or financial institutions)
(b) Public-listed companies and their subsidiaries;
(c) Companies with no specific business plan or its business plan is to merge or acquire an unidentified entity (i.e. blind pool)
(d) Companies that propose to use the funds raised to provide loans or make investment in other entities
(e) Any other type of entity that is specified by the SC.

The minimum amount per campaign is RM 50,000.

There is no SC-imposed cap, but at Alixco:

• You can generally raise up to RM 5 million cumulatively

• Campaigns must hit at least 80% of target to be successful

• Oversubscription is refunded to investors (you don’t keep excess

• The final approved amount depends on your risk score, credit limits, and campaign strength?

To comply with SC regulations and to give investors confidence, we require:

• Business registration and forms (e.g. SSM docs)

• Audited/management accounts

• Bank statements

• Guarantor NRICs

• Credit bureau consent

We treat your data with strict confidentiality.

Flexible repayment terms of 1 to 12 months (and up to 24 months in specific cases). We also offer invoice financing and factoring options for working capital needs.

At Alixco, we aim to be as transparent as possible for both investors and issuers. This might also help investors on the platform get more confidence in financing your business. Investors will be able to see your company name, business description, incorporation numbers, risk evaluation, the amount you seek to raise, the interest rate, loan tenure, purpose of the loan and a few key financial metrics such as revenue/earnings growth, EBIT and cash flow.

• Preparation: ~1 day - 7 days (depending on your readiness)

• Fundraising duration: Up to 30 days

• Strong campaigns often get fully funded in hours!

This depends on a variety of factors such as the amount an issuer seeks for financing, the interest rate and the strength of the business. Campaigns will be left open for financing for up to 30 calendar days. Strong campaigns might already close within hours!

Monthly repayment dates will be set on the date of disbursal of the fund to your account.

Alixco uses a risk-based pricing model:

•  Strong businesses: 8%–12% p.a.

• Typical range: 12%–16% p.a.

• Higher-risk notes: Up to 18% p.a.

Your rate is determined by credit score, financials, and guarantor profile

We will aim to give you competitive ratings and calculate the interest rate based on the riskiness of the issuer’s business (risk-based pricing). This includes both quantitative and qualitative criteria which are specified in our proprietary algorithm and will then be matched with our risk-based table.

Via equal monthly instalments (amortizing) over the financing tenure for the majority of cases. In certain cases, bullet repayments may be offered as a funding option. 
All payments go through a Maybank Trustee Account for security.

Alixco charges an origination fee of the total amount financed of between 2-6%. The fee is dependent on the riskiness of the issuer, tenure, investment size and any additional services requested by the issuer.

There are also upfront due diligence fee to pay upon applying the financing: RM 100 per director (non-refundable)

Retention charge: a  security deposit will be deducted from the financing amount (successfully financed) from issuers to cover for administrative charges in the event of default. This charge is fully refundable and will be returned to the issuer in case the issuer does not default on any payments and does not have any late payments or breach any terms of any agreement. Usually this security deposit amounts to 10% of the fundraising amount. The security deposit may vary and be higher in case of certain high-risk P2P investment notes (usually grade C P2P investment notes).

Alixco assesses a businesses’ creditworthiness according to a set of quantitative and qualitative criteria. The quantitative part includes an assessment of key financial ratios and financial statements. AlixCo will also perform a check on the issuer’s creditworthiness with a leading credit rating agency.

You are very happy to reapply. Maybe your business was not ready yet. Alixco reserves the right to decline a campaign in certain cases such as: weak credit score of company.

Yes, we will require a personal guarantee by all directors, at least minimum of two guarantors. This also serves as a positive signal to investors of the good intention of the issuer to repay the outstanding amount.