What the business is about?
Deltacs Group Sdn Bhd is a company is focused on online retail, product sourcing and supply.
'We are currently running 10 stores on Shopee and Lazada which sell outdoor store products, womenswear, menswear, children toys and other categories. We are targeting to bring in more products to Malaysia and open 5 new stores every month. We also help Malaysian SMEs source for products, manufacturing and import goods.' [Deltacs]
This is Deltacs Group Sdn. Bhd.'s 2nd financing round with Alixco P2P Financing. Please note that the owner of Deltacs Group Sdn Bhd has previously raised three rounds of P2P financing on Alixco for another entity called Deltacs Enterprise which have been fully repaid and one round of P2P financing for Deltacs Group Sdn Bhd which is still ongoing.
This investment note is secured by two personal guarantees, as required by ALIXCO P2P Financing.
For what will you use the funds?
The funds will be used for working capital.
How Deltacs Sdn Bhd intends to repay:
'Our cash collection from online platform(s) is around RM 150,000 per month. We have a sales invoice worth RM 200,000 on hand for which we will receive the payment in May and there are source and supply project(s) in the coming month(s).' [Deltacs]
Investment Facts
Go Live Date:
07/04/2021
Industry:
Retail/Trade
Finance Size:
RM
250000
Tenure:
6 Months
Risk-Score
CAA2
Rate
14.28
% per annum