NT-2410-00027

NT-2410-00027

i
MR7

Excellent Car Detailing Centre, Services,

RM 50,000 for 18 month term. RM 50,000 funded

100 % Funded

Is this a Shariah-compliant Investment Note? / Adakah ianya Nota Pelaburan patuh Syariah?

Yes/Ya

Who is the Issuer and what does the business do? / Siapakah Penerbit dan apakah perniagaan diceburi mereka?

Excellent Car Detailing Centre, incorporated on 13/09/2018 in Ipoh, Perak, is a premier automotive detailing business. The centre has quickly established itself as a trusted name in the car detailing industry, offering a comprehensive range of services, including car coating, polishing, paint protection film (PPF), and window tinting. These specialised services are designed to enhance and protect the aesthetic appeal of vehicles, catering to the diverse needs of car owners.

In addition to its core offerings, Excellent Car Detailing Centre provides value-added services, such as car washing, to attract more walk-in customers. This strategy not only enhances customer satisfaction but also encourages repeat visits from a broad clientele, including owners of sedans and luxury cars alike. The centre's commitment to quality service has garnered positive reviews and a loyal customer base.
______________________________________________________________________________________

Excellent Car Detailing Centre, ditubuhkan pada 13/09/2018 di Ipoh, Perak, adalah perniagaan perincian automotif terulung. Pusat utama ini dengan cepat telah memantapkan dirinya sebagai nama yang dipercayai dalam industri perincian kereta, menawarkan rangkaian komprehensif perkhidmatan, termasuk salutan kereta, penggilap, filem perlindungan cat (PPF) dan pewarnaan tingkap. Perkhidmatan khusus ini direka bentuk untuk meningkatkan dan melindungi daya tarikan estetik kenderaan, memenuhi keperluan pelbagai pemilik kereta.

Sebagai tambahan kepada tawaran terasnya, Excellent Car Detailing Centre, menyediakan perkhidmatan nilai tambah, seperti mencuci kereta, untuk menarik lebih ramai pelanggan yang datang. Strategi ini bukan sahaja meningkatkan kepuasan pelanggan tetapi juga menggalakkan kunjungan berulang daripada pelanggan yang luas, termasuk pemilik kereta sedan dan kereta mewah. Komitmen pusat terhadap perkhidmatan berkualiti telah mendapat ulasan positif dan asas pelanggan yang setia.

Who is the owner / key person(s) in the business? / Siapakah Pemilik Perniagaan ini?

This automotive detailing business was co-founded by a husband-and-wife team with over 8 years of experience in the industry. Together, they bring a wealth of knowledge and expertise, ensuring high-quality service and customer satisfaction.

______________________________________________________________________________________

Perniagaan perincian automotif ini diasaskan bersama oleh pasangan suami-isteri dengan lebih 8 tahun pengalaman dalam industri. Bersama-sama mereka membawa banyak pengetahuan dan kepakaran, memastikan perkhidmatan berkualiti tinggi dan kepuasan pelanggan.

What are their future plans? / Apakah pelan masa depan mereka?

Currently, Excellent Car Detailing Centre is actively seeking new collaborations with event companies to prepare vehicles for special events, taking responsibility for the necessary detailing services. This initiative allows Excellent Car Detailing Centre to enhance its market presence and increase sales revenue. With a strong focus on customer service and innovative marketing strategies, the center aims to solidify its position as a leader in the automotive detailing sector in Malaysia.

______________________________________________________________________________________

Pada masa ini, Excellent Car Detailing Centre sedang giat mencari kerjasama baharu dengan acara syarikat untuk menyediakan kenderaan bagi acara istimewa, bertanggungjawab ke atas perkhidmatan perincian yang diperlukan. Inisiatif ini membolehkan Excellent Car Detailing Centre meningkatkan kehadiran pasarannya dan meningkatkan hasil jualan. Dengan tumpuan yang kukuh terhadap perkhidmatan pelanggan dan strategi pemasaran yang inovatif, pusat itu bertujuan untuk mengukuhkan kedudukannya sebagai peneraju dalam sektor perincian automotif di Malaysia.

What has been their annual sales turnover? / Bagaimanakah hasil jualan tahunan?

Their turnover for YTD Sept 2024 : RM1,125,098.12
Their turnover for the year 2023 : RM 905,103.45
Their turnover for the year 2022 : RM 567,245.72

______________________________________________________________________

Perolehan mereka untuk YTD September 2024 : RM1,125,098.12
Perolehan mereka untuk tahun 2023 : RM 905,103.45
Perolehan mereka untuk tahun 2022 : RM 567,245.72

Number of years in business? / Usia perniagaan?

Their business has been running for 6 years.

______________________________________________________________________

Perniagaan mereka telah berjalan selama 6 tahun.

How would the Issuer utilise the funds raised on the platform? / Apakah yang kami akan lakukan dengan wang yang dikumpul di platform ini?

Excellent Car Detailing Centre will use these funds to expand its product range. By acquiring additional car detailing products, they aim to diversify offerings for end users. This approach will cater to the growing demand for DIY car care among customers and attract a new segment of car enthusiasts who prefer to maintain their vehicles themselves. The funding will also support marketing efforts to promote these new products.

______________________________________________________________________

Excellent Car Detailing Centre akan menggunakan dana ini untuk mengembangkan rangkaian produknya. Dengan memperoleh produk perincian kereta tambahan, mereka menyasarkan untuk mempelbagaikan tawaran untuk pengguna akhir. Pendekatan ini akan memenuhi permintaan yang semakin meningkat untuk penjagaan kereta DIY di kalangan pelanggan dan menarik segmen baharu peminat kereta yang lebih suka menyelenggara kenderaan mereka sendiri. Pembiayaan itu juga akan menyokong usaha pemasaran untuk mempromosikan produk baharu ini.

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

Please download the Factsheet in this Investment Note for more information.

This is the 1st Investment Note hosted by the Issuer.

The Issuer has sufficient revenue to manage its payment to microLEAP. We have Standing Instructions (SI) in place to ensure prompt payment of the profit and principal into our Trust account.

As rated by Experian, the Issuer's first Guarantor is rated as 5 (Fair) with a Probability of Default (PD) of >10%-20% and the second Guarantor is rated as 4 (Fair) with a Probability of Default (PD) of >20%-30%.

This Investment Note has an MR7 (Medium Risk 7) rating and so it has a Lower Medium Credit Quality and an Upper Medium Risk of Default.
__________________________________________________________________________________

Sila muat naik Lembaran Fakta yang dilampirkan dalam Nota Pelaburan ini untuk maklumat lanjut.

Ini merupakan Nota Pelaburan yang pertama oleh Penerbit.

Penerbit mempunyai hasil yang mencukupi untuk mengurus pembayarannya kepada microLEAP. Kami mempunyai Arahan Tetap (SI) untuk memastikan pembayaran segera keuntungan dan prinsipal ke dalam akaun Amanah kami.

Seperti yang dinilai oleh Experian, Penjamin Pengeluar yang pertama dinilai sebagai 5 (Sederhana) dengan Kebarangkalian Lalai (PD) >10%-20% dan Penjamin Pengeluar yang kedua dinilai sebagai 4 (Sederhana) dengan Kebarangkalian Lalai (PD) >20%-30%.

Nota Pelaburan ini mempunyai penarafan MR7 (Risiko Sederhana 7) dan oleh itu ia mempunyai Kualiti Kredit Sederhana Rendah dan Risiko Sederhana Atas Kelalaian.

Invest Now
Rate of Returns
14.7% p.a
Total Gross Return on Investment
-

Funded Note

Credit Ratings
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.

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.

View Funding List