Interest about P2P Financing? Need a fund in short time of period for developing your business or purchase a new stocks? Wonder if your company eligible to get the financing easily? Here is the top 3 question that all issuer asked us. And we think you might wanted to know before your apply for p2p Financing with Alixco P2P.
Q1: What is the criteria for company to be successful in P2P application?
Below we listed down the preliminary criteria for a company to obtain p2p financing
- No bankcruptcy, insolvency, special bank account, legal suit case, serious delinquent debt issues
- Minimum of 5 out our 10 scores for both company and directors in Experian's credit score system
- Genuine and organic business transactions shown on monthly bank statements
- Genuine and growing business trading on daily basis (non a dormant or less active company)
- Have a valid and proven business premises (rental agreement, stocks, staffs etc)
- Minimum of 6 months establishment and remained legitimately running
- Not a subsidiary and public listed company
- Minimum of RM30k monthly revenues for the past 6 months
- Minimum to provide 2 personal guarantors preferably the key persons of the company ( or direct family members) with ability to repay in case the company defaulted
- Willing to pay RM200 non-refundable application and due diligence fees for application
- Must be a verified Alixco member
Q2: What is the maximum of fund that my company can be getting from Alixco P2P?
- The factor that determine how much fund that your company can be getting from Alixco P2P are based on YOUR COMPANY'S CASH FLOW, ABILITY TO REPAY and MONTHLY RETAINED MONEY IN THE BANK
- There is no maximum how much Alixco P2P can finance a company
Q3: How many % is the interest rate for the P2P financing?
- % interest rate is based on YOUR COMPANY CREDIT RISK/ Guarantor's personal credit risk, all based on the company current and forecast's cash flow, amount of financing and tenure that your company requested.
- Usually Alixco's issuers are getting financing with the interest rate between 10% - 16% per annum
All good? then the chances that your company getting financing with us is very high! Register and Apply here to get your busines financing in a week!