Probably. But the thing is that the company is not new. It has been in business longer that I have been alive.
In my LOE I stated that I will come back to work for them after I complete my studies. I asked if the company can attach bank statements but they said no and I understand that. That's a classified information and not a single company will show their bank statements. They have written a financial performance results for the fiscal year. They gave the official letter with the letterhead and stated that they will sponsor my education for 2 years and expect me to work for them afterwards.
I had an interview with them and they offered to sponsor my education. There is no formal agreement yet as I haven't received my visa but I have to come back and work for them. The final formal agreement will be after I receive my student permit, mainly because they won't hire me unless I actually graduate from UW. Plus, in my country the company has to write a salary in the contract and they won't do that at this moment.