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Deltacs Group
Deltacs Group Sdn Bhd is a company focused on online retail and product sourcing. Investment Note: three personal guarantees
Go Live Date:
06/01/2022
Industry:
Retail/Trade
Finance Size:
RM
300000
Tenure:
6 Months
Risk-Score
CAA2
Rate
14.28
% per annum
Investor Fees
1
%
Investors
37
Raised
RM
300,000
100%
Use of Funds
The funds will also be used for working capital.
Projects
Import, export, online retail
For what will you use the funds?
The funds will be used for working capital.
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 9th 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 three rounds of P2P financing for Deltacs Group Sdn Bhd, two of which is still ongoing.
This investment note is secured by two personal guarantees, as required by ALIXCO P2P Financing.
Business Overview
Deltacs Group Sdn Bhd is an ecommerce and product sourcing company.
Deltacs has a current customer base of 2000 and a current yearly revenue base of approximately Rm1.5 million (unaudited).
Funding amount
RM 300 000 for 6 months
14.28% interest (nominal, p.a.)
Business type
Ecommerce, product sourcing and supply
Location
Kuala Lumpur
Number of outlets
One
Number of directors
One
Personal guarantees
Two
Year of incorporation
2020
Number of employees
Six
Important COVID-19 info:
The recent COVID-19 crisis and the MCO increase the riskiness of any P2P financing. Due to the severity and uncertainty of this situation, the risk of late payments and/or loss of capital for P2P financings increases. Companies might suffer from loss of business and revenue during this time, which will affect their profitability and repayment ability.
The risk score of CAA2 ('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(‘high risk’) to D(‘very high risk’).
Risk score of CAA2 (‘high risk’) indicates that this investment amount has a high level of risk. Deltacs Group Sdn Bhd is a relatively young company and was incorporated about one year ago (May 2020). Hence this investment note has an higher risk of loss of capital.
Alixco Disclaimer about Deltacs Group Sdn Bhd:
Please note that the owner of Deltacs Group Sdn Bhd has previously raised 3 rounds of P2P financing on Alixco for another entity called Deltacs Enterprise which have been fully repaid. Deltacs Group Sdn Bhd has previously raised 8 P2P financing rounds with Alixco out of which 3 are still actively ongoing (and three fully repaid) with an outstanding amount of approx. RM600000-RM700000 and a final repayment on the 01 June 2022.
Please note that Deltacs Group Sdn Bhd has several further ongoing and outstanding P2P financings with different registered market operators. This increases the riskiness of this particular investment note.
Investor Fees
Alixco charges 1% for investors on repayments only if repayment occurs.