DE COMATE SDN BHD
What the business is about?
"De Comate is a one-of-a-kind wedding and event décor company that love your special occasions just like you do. Yeah, we just love to see people laugh and put a smile on peoples’ faces. Anytime we do that we are happy."
This is De Comate Sdn Bhd's 1st investment note with Alixco.
This investment note is secured by fozr personal guarantees, as required by ALIXCO P2P Financing.
For what will you use the funds?
The funds will be used for working capital. "We are applying for funding to support our business expansion. The funds will be used as working capital to hire additional staff, increase inventory for new product offerings, and cover expenses for upcoming exhibitions aimed at boosting brand visibility and sales. This will help us achieve our projected revenue growth and maintain our upward trajectory."
Business Overview
Business
Website: https://de-comate.com/
Funding amount
RM 200,000.00 for 6 months.
15.12 % interest (nominal, p.a.)
Business type
Wedding Planning Agency, Sdn Bhd
Location
5, Jalan Perniagaan Vorteks 5,
Vorteks Business Park,
14100 Simpang Ampat, Penang.
Number of outlets
1
Number of directors
4
Personal guarantees
4
Year of incorporation
2
Number of employees
15
Important Risk Information:
Risk score of CA (‘High risk’) indicates that this investment amount has a high level of risk. The risk score of CA (‘High risk’) was determined by a blend of our internal risk-based pricing algorithm, an external risk score from a leading credit rating agency and a variety of qualitative factors. It is an approximation only and does not guarantee any specific outcome. Our risk score ranges from A(‘lower risk’), B(‘medium risk’), C(‘medium-high risk’) to D(‘high risk’).
In FY 2024, De Comate Sdn Bhd had a revenue of RM 3,797,720.00 and a profit afer tax of RM 60,736.00.
Alixco charges investors 1% on total repayments (for 6 months investment notes) only if and when repayment occurs.