Yes
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Ya
NT-2411-2680858
i
LR1
adhi sdn bhd, Agriculture,
RM 100,000 for 12 month term. RM 100,000 funded
Is this a Shariah-compliant Investment Note? / Adakah ianya Nota Pelaburan patuh Syariah?
What is the payment structure for this Islamic Car Dealer (ICD) Financing?/ Apakah struktur pembayaran untuk Pembiayaan Jualan Kereta Islamik (ICD) ini?
Bullet Payment. Principal + ALL Profit is paid at maturity of this financing, i.e. at the end of the 4 month period.
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Pembayaran keseluruhan. Prinsipal + KESEMUA Untung dibayar pada masa matang pembiayaan ini, iaitu pada akhir tempoh 4 bulan.
Who is the Issuer and what does the business do? / Siapakah Penerbit dan apakah perniagaan diceburi mereka?
Used Car Trading
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Perniagaan Kereta Terpakai
What is the Tenor for this Islamic Car Dealer (ICD) Financing? / Apakah Tenor untuk Pembiayaan Jualan Kereta Islamik (ICD) ini?
4 months
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4 bulan
How would the Issuer utilise the funds raised? / Apakah yang kami akan lakukan dengan wang yang dikumpul di platfrom ini?
The funds raised on microLEAP’s platform will be used to finance the purchase of one or several motor vehicles. The finance provided will be up to 70% FTV (Finance to Value) of the motor vehicle(s).
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Dana yang dikumpulkan di platform microLEAP akan digunakan untuk membiayai pembelian satu atau beberapa kenderaan bermotor.Pembiayaan yang diberikan adalah sehingga 70% FTV ( Pembiayaan Pada Nilai) kenderaan bermotor.
Is this financing collateralised? / Adakah pembiayaan terjamin?
Yes. The vehicle(s) that is purchased is to be used as collateral to secure the financing. So in the event of default, the vehicle(s) will be sold and the proceeds will be used to pay P2P Investors.
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Ya.Kenderaan yang dibeli akan digunakan sebagai jaminan untuk mendapatkan pembiayaan. Jadi sekiranya berlaku keingkaran pembayaran, kenderaan akan dijual dan hasilnya akan digunakan untuk membayar Pelabur P2P.
The rationale behind the Issuer's Credit Risk Score - microLEAP's Comments
All vehicles that are purchased with this financing are used as collateral. This means that should the Issuer default on their payment, microLEAP has the right to sell the vehicles (the collateral) on bidding platforms or to other car dealers and the proceeds will be repaid to all P2P Investors. Added to this security, all vehicles are financed at a Finance to Value (FTV) of 70%, meaning that financing is only up to 70% of the value of the vehicle. This gives us 30% room should the value of the vehicle depreciate when sold by microLEAP.
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Semua kenderaan yang dibeli dengan pembiayaan ini akan digunakan sebagai cagaran. Ini bermaksud sekiranya Penerbit gagal membuat pembayaran mereka, microLEAP mempunyai hak menjual kenderaan (cagaran) di platform penawaran atau kepada peniaga kereta lain dan hasilnya akan dibayar kepada semua Pelabur P2P. Tambahan kepada keselamatan ini, semua kenderaan dibiayai dengan Pembiayaan keatas Nilai (FTV) sebanyak 70%, yang bermaksud bahawa pembiayaan hanya mencapai 70% dari nilai kenderaan. Ini memberi kita ruang 30% sekiranya nilai kenderaan menyusut ketika dijual oleh microLEAP.
For a detailed information for balloon payment, please see the following link:
Credit Ratings
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.
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.
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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.