This is a beta platform. Please sign up to be an early P2P Investor or Issuer. Click here to learn more.
NT-1904-00002

NT-1904-00002

c
LR3

Dex Labs, IT / Technology

RM 4,000 for 12 month term. RM 4,000 funded

100% Funded

Who is the Issuer and what does the business do?

A group of Software Engineers, Data Scientists and Designers passionate about problem solving and bringing digital products to life. Based out of Kuala Lumpur, Malaysia we have been serving clients locally and from across all continents since 2008.

Who is the owner / key person(s) in the business?

Team of 10 compromising of a few highly skilled individuals and 4 programmers in training.

What are their future plans?

In addition to maintaining and growing our existing custom solutions client base, we plan to build SASS solutions to be licensed out to clients to bring in more consistent monthly revenue.

What has been their annual sales turnover?

Annual revenue growth of over 70% year-over-year over the past 36 months.

Number of years in business?

In operation from 2008 and registered in 2012.

How would the Issuer utilise the funds raised on the platform?

Equip staff with better laptops to increase productivity.

The rationale behind the Issuer's Credit Risk Score - microLEAP's Comments

The Issuer has a heathy revenue track record that more than covers the monthly repayments and hence the Issuer has a strong credit quality, good cashflow and good debt service ratio.

Invest Now
Rate of Returns
11% p.a
Total Gross Return on Investment
-

Funded Note

Credit Ratings
LR3
Low Risk 3

This Investment Note pays a low Interest Rate and has a low Risk of Default.
It has a strong Credit Quality due to good cashflow and good Debt Service Ratio.

LR1
Low Risk 1

This Investment Note pays the lowest Interest Rate and has the lowest Risk of Default.
It has the strongest Credit Quality due to very high cashflow and very low Debt Service Ratio.

LR2
Low Risk 2

This Investment Note pays a lower Interest Rate and has a lower Risk of Default.
It has a stronger Credit Quality due to high cashflow and low Debt Service Ratio.

LR3
Low Risk 3

This Investment Note pays a low Interest Rate and has a low Risk of Default.
It has a strong Credit Quality due to good cashflow and good Debt Service Ratio.

MR4
Medium Risk 4

This Investment Note pays a medium-low Interest Rate and has a medium-low Risk of Default.
It has a medium-strong Credit Quality due to average to good cashflow and average to good Debt Service Ratio.
.

MR5
Medium Risk 5

This Investment Note pays a medium Interest Rate and has a medium Risk of Default.
It has a medium Credit Quality due to average cashflow and average Debt Service Ratio.

MR6
Medium Risk 6

This Investment Note pays a medium-high Interest Rate and has a medium-high Risk of Default.
It has a medium-weak Credit Quality due to below average cashflow and above average Debt Service Ratio.

MR7
Medium Risk 7

This Investment Note pays an upper-medium Interest Rate and has an upper-medium Risk of Default.
It has a lower-medium Credit Quality due to average to low cashflow and average to high Debt Service Ratio.

HR8
High Risk 8

This Investment Note pays a high Interest Rate and has a high Risk of Default.
It has a weak Credit Quality due to low cashflow and high Debt Service Ratio.

HR9
High Risk 9

This Investment Note pays a higher Interest Rate and has a higher Risk of Default.
It has a weaker Credit Quality due to lower cashflow and higher Debt Service Ratio.

HR10
High Risk 10

This Investment Note pays the highest Interest Rate and has the highest Risk of Default.
It has the weakest Credit Quality due to very low cashflow and very unhealthy Debt Service Ratio.