Evoteq
What the business is about?
Evoteq Sdn Bhd specializes in product labeling, automatic identification, and data capture (AIDC) solutions. "We supply barcode scanners, mobile computers, handheld devices, POS keyboards, POS monitors, POS printers, POS terminals, and RFID readers for retail, F&B, and manufacturers in Malaysia."
This is Evoteq Sdn Bhd's 1st investment note with Alixco.
This investment note is secured by 3 personal guarantees, as required by ALIXCO P2P Financing.
For what will you use the funds?
Working capital is needed to stock up on more hardware for the company's business plan to enter e-commerce and sell online.
Business Overview
Business
Funding amount
RM 150,000.00 for 6 months.
14.16 % interest (nominal, p.a.)
Business type
Sdn Bhd
Location
Puchong, Selangor
Number of outlets
1
Number of directors
1
Personal guarantees
3
Year of incorporation
2
Number of employees
3
Important Risk Information:
Risk score of CAA2 (‘higher risk’) indicates that this investment amount has an elevated-high level of risk.
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(‘medium-high risk’) to D(‘high risk’).
In 2022, Evoteq Sdn Bhd had a revenue of RM 432,545 and a loss after tax of RM - 6,899.
Investor Fees:
Alixco charges investors 1% on total repayments (for 6 months investment notes) only if and when repayment occurs.