Investment Facts
What the business is about?
S&C Steel (M) Sdn Bhd offers a wide range of steel-related products and services.
This is S&C Steel (M) Sdn Bhd's 23rd P2P financing round with Alixco.
This investment note is secured by four 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
S&C Steel (M) Sdn Bhd offers a wide range of steel-related products and services.
Funding amount
RM 200,000.00 for 6 months.
15.12% % interest (nominal, p.a.)
Business type
Steel-related products and services
Location
Lot 2668-2, Jalan Kampong, Seksyen U19, Kg Baru Sungai Buloh, 47000 Selangor
Number of outlets
Two
Number of directors
Four
Personal guarantees
Four
Year of incorporation
2017
Number of employees
14
Important COVID-19 information:
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.
Important Risk information:
The risk score of CA (‘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 2019 S&C Steel (M) Sdn Bhd has a revenue of approx. RM 4.1 million and a pre-tax profit of approx. RM 265,000. Please note that the steel market is a very competitive market with thin margins, exposing the business to a higher risk.
Risk score of CA (‘higher risk’) indicates that this investment amount has an elevated-high level of risk.
This is S&C Steel (M) Sdn Bhd's 23rd financing round with Alixco. Please note that S&C Steel (M) Sdn Bhd has 8 more ongoing P2P financing rounds with Alixco (and 14 more fully repaid rounds) with an outstanding amount of approximately RM 1,200,000.
Investor Fees
Alixco charges 1% for investors on total repayments (for 6 months investment notes) only if and when repayment occurs.
Projects
S&C Steel (M) Sdn Bhd offers a wide range of steel-related products and services.
Use of Funds
The funds will be used for working capital.