ESIN DNB
What the business is about?
ESIN DNB Sdn Bhd engages in activities related to interior decoration, wholesaling household furniture, and interior completion services.
"Our company has commenced operations in April 2022 and fabricate furniture at Sungai Puyu Pulau Pinang. We are currently witnessing a steady influx of projects, primarily focusing on designer-oriented work. However, our future endeavors include expanding our clientele to include retail customers. In the near term, we have plans to gradually introduce semi-mechanization into our processes. We believe that as the quality of our products continues to improve, we will attract a larger customer base."
This is ESIN DNB Sdn Bhd's 1st investment note with Alixco.
This investment note is secured by 2 personal guarantees, as required by ALIXCO P2P Financing.
For what will you use the funds?
The funds will be used for working capital.
Business Overview
Business
Funding amount
RM 150,000.00 for 12 months.
14.16 % interest (nominal, p.a.)
Business type
Sdn Bhd
Location
Butterworth Penang
Number of outlets
One
Number of directors
One
Personal guarantees
Two
Year of incorporation
2022
Number of employees
16
Important Risk Information:
Risk score of CAA2 (‘High risk’) indicates that this investment amount has an high level of risk.
Alixco charges investors 2% on total repayments (for 12 months investment notes) only if and when repayment occurs.