Working Capital Financing for the Production and Sale of 70% Oil-Based Alkyd Resin

70% oil-based alkyd resin is one of the most widely used resins in the paint industry. This product is oil-based. The amount or percentage of oil used to prepare these resins is called the oil length, which determines their final properties. Long-oil resins are used to produce oil-based architectural paints, medium-oil resins to produce oil-based automotive paints, and short-oil resins to produce industrial paints. Kimia Kavosh Omid intends to produce 367,104 kilograms of alkyd resin under this project over 12 months of production. Given the project's implementation period, production and sales will take place in 4 periods of 3 months each. Accordingly, the company aims to produce 91,776 kilograms of alkyd resin in each 3-month period. This project uses a flexible funding model and will be considered successful if at least half of the amount requested by the project applicant is raised. Project profit is projected to be paid monthly at 4 percent, starting at the end of the third month; the principal will also be repaid at the end of the twelfth month along with the corresponding profit. The principal is covered by a guarantee issued by the Nanotechnology Development Fund  with Sepas code 1224814031140751, valid until 1404/03/23 and renewable at the request of Hesab Yari Amin Melal. Link to the Vice Presidency for Science's system for verifying the authenticity and validity of the guarantee: https://khedmat.isti.ir/checksepas   The contract and project evaluation files are accessible through the link below . First Quarterly Report Second Quarterly Report Verification of the project's authenticity in the Farabourse system is available through the link below.    Project symbol: Halalrezin/ halalraz    
Project symbol: حلالرزین/halalraz