loanLoan
Capital at risk
36
Months
15.0%
apr
Director
guaranteed
Capital at risk
Director guaranteed
Amount
£
You make
£
Minimum investment is £100
Total return
£
Monthly repayments
£

Established in 2007, Refteck works internationally, providing unique and cost-effective solutions to help manage the logistics of tight supply chains. Whether it is Oil Production, Refining, Petrochemical, Energy Generation or Marine operations, they help clients source parts and consumables from international vendors. Founders Nitin and Alpa Shah are returning clients of Crowd2Fund with perfect repayment history.

Ensure customer satisfaction through quality, delivery and cost optimisation. To establish Refteck solutions as a premier engineering procurement brand in the global market.

We work in a variety of industries such as oil production, drilling, petrochemical processing, mining, gas treatment, refining, energy, heavy engineering, chemicals, pharmaceuticals, and more. We are constantly developing new innovative strategies to improve our services and with our experienced professionals, we ensure that we provide end-to-end expert knowledge and advice giving our customers the most out of our services.

We stand out from competitors because we are innovative, strategic and quality driven. Using an amalgamation of sophisticated technology, we have enhanced our core capabilities and supply-chain efficiency. With 15 years of industry experience, we can provide our clients with competitive pricing. We are members of the London Chamber of Commerce and Industry, the American World Trade Chamber, and the Association for Supply Chain Management. Additionally, we are certified by top organisations including the Department for International Trade. The procurement model we have includes sourcing a specific part of a turn-key procurement solution for various industries across global markets. This enables us to source products and services at the most competitive prices and deliver them on schedule.

Whether by ocean, air (via passenger or freighter) or road, Refteck Solutions have the proficiency and the know-how to move all types of cargo with the same individual care and attention. As we continue to grow internationally and as demand increases, we are seeking funds for expansion and working capital.

Credit commentary:
The directors are providing a personal guarantee, this means that if the business fails, the directors become personally liable for the loan. One director is a homeowner, however, this does not ensure there are sufficient assets should the loan need to be recovered. Based on our calculations, the company appears to have negative TNW. The company will be using the loan to improve cash flow and growth of their German entity. The bank statements demonstrate reasonable affordability and the accounts remain well in credit.

Inflation risk:
The business advised that they have not been affected by higher input costs yet. As the majority of lending to the business is at a fixed rate, they will not be immediately affected by interest rate increases. Despite increasing living costs, the directors of Refteck Solutions Ltd do not expect to draw money from the business as all capital is vital for the expansion of the business. Refteck Solutions Ltd advised that they are less likely to be impacted by inflationary pressures as most business is from overseas markets.

X

Business keeps the raised amount even if target is not met.
Loan - product type
Maximum
£ 100k
Raised
£ 68k
Investors
155
Est close date
11d 23h

Where will the funds go?

Growth
£50,000
Cash Flow
£50,000

Key people

Alpa Shah
Director
Nitin Shah
Director

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Business brand

Croydon, UK

"Ensure customer satisfaction through quality, delivery and cost optimisation. To establish Refteck solutions as a premier engineering procurement brand in the global market."

Incorporated
15 years, 5 months
Credit risk indicator

Risk warning

Past performance and forecasts are not reliable indicators of future results. Your capital invested is not covered for compensation in the event of a loss by the FSCS. Tax treatment will depend on the individual circumstances and may be subject to change. Please see our Risk section before making an investment decision.