Building Contractor Seeking Loan in Port Moresby, Papua New Guinea
Home construction and property maintenance company seeks capital to start applying for government housing tenders.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 40 - 50 thousand |
| Run Rate Sales | USD 2.9 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Building Contractors |
| Locations | Port Moresby |
| Local Time | 5:19 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
24 thousand
for
8.0%
annual interest,
3
years
(Native Currency: PGK 100,000)
Reason: The loan is to restart the business to operate at 100%.
Our bank statements need to reflect that we...
View More
Collateral Available: USD 36 thousand
Includes physical assets worth
USD
6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Profile
(3.8 MB)
Business Overview
- Company that constructs houses, does property maintenance, and electrical cabling projects.
- We have been operating for 7 years and have done 15+ projects since then.
- We are not 100% operational right now and have only been doing small jobs.
- For the past 4 months we have not worked on any project.
- Our goal is to be able to apply for tenders of large-scale maintenance and government housing projects.
- Right now we are financially unfit and our bank statements need to reflect that we have some capital and thus we require these funds.
- We have been operating for 7 years and have done 15+ projects since then.
- We are not 100% operational right now and have only been doing small jobs.
- For the past 4 months we have not worked on any project.
- Our goal is to be able to apply for tenders of large-scale maintenance and government housing projects.
- Right now we are financially unfit and our bank statements need to reflect that we have some capital and thus we require these funds.
Products & Services Overview
Building construction; property maintenance that includes fixing water leaks and doing electrical cabling; home and office renovations and making architectural plans.
Assets Overview
Tangible assets - 3-ton dump truck, hand-held electrical and general tools.
Facilities Overview
Business operates from one the owner's homes. The tools are stored in this area only and most of the work happens at the site.The home-office is located in the suburb of Gerehu which is north-west of Port Moresby, Papua New Guinea.
Capitalization Overview
- No loans or debt in the name of the company.- On paper, there are two 50:50 owners of the business.
- However, one partner is not an active partner and will be soon exiting the business.
Tags:
Contracting Company Business Seeking Loan in Port Moresby, Papua New Guinea
·Building Contractor Business Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Contracting Company Business in Port Moresby, Papua New Guinea
·Lend to Building Contractor Business in Port Moresby, Papua New Guinea
·Contractors Business Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Contractors Business in Port Moresby, Papua New Guinea
·Contracting Company Business Seeking Loan
·Building Contractor Business Seeking Loan
·Lend to Contracting Company Business
·Lend to Building Contractor Business
·Contractors Business Seeking Loan
·Lend to Contractors Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,000+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses