Ekit Solutions
What the business is about?
Ekit Solutions Sdn Bhd provides professional and comprehensive IT Solutions and Services. "From hardware to software. From offline to online. We provide the comprehensive IT Solutions to sustain long-term growth and customer satisfaction for our world-class brands. Energy Management System, Stratagem IoT Platform, Automatic Number Plate Recognition, Software design and development, IT networking design and built to target cooperate user.
This is Ekit Solutions Sdn Bhd's 2nd P2P funding campaign with Alixco P2P.
This investment note is secured by two personal guarantees, as required by ALIXCO P2P Financing.
For what will you use the funds?
"The fund are planned to be used to cover partial initial costs for projects. Normally a project will be completed in a 3 to 6 months time frame. During implementation of projects, we will claim progressive payment from clients.There are awarded projects with a value of several million RM."
Business Overview
Ekit Solutions Sdn Bhd "targets commercial, retail, and industrial users, providing robust IT service and tailor-made IT solutions. The business is growing year by year and client accounts are increasing. Even during Covid, clients needed our energy management system to help them monitor their building energy usage to avoid extra charges by TNB." https://ekitsolutions.com/index.html
Funding amount
RM 300,000.00 for 6 months.
14,76 % interest (nominal, p.a.)
Business type
IT software and hardware services
Location
Petaling Jaya, Selangor
Number of outlets
One
Number of directors
One
Personal guarantees
Two
Year of incorporation
2015
Number of employees
5
Important risk info:
The risk score of CAA3 (‘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’).
Risk score of CAA3 (‘higher risk’) indicates that this investment amount has an elevated-high level of risk. Ekit Solutions Sdn. Bhd’s business is marked relatively low margins and stable/non-growing revenue with low and partially negative profits.
In 2021 Ekit Solutions Sdn. Bhd. had a revenue of approximately RM 800,000.00 and an after-tax profit of approximately RM 1,700.
This is Ekit Solutions Sdn. Bhd.'s 2nd P2P campaign with Alixco P2P. Ekit Solutions Sdn. Bhd. has previously raised one P2P campaign with Alixco P2P which has been fully repaid.
Investor Fees
Alixco charges 1% (for 6 months investment notes) for investors on repayments only if repayment occurs.
