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Building Contractor Seeking Loan in Port Moresby, Papua New Guinea

Construction contractor in WNB Province for land development and construction services seeks funds to restart.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 59 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Building Contractors
Locations  Port Moresby
Local Time 7:25 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 47 thousand for 10.0% annual interest, 3 years (Native Currency: PGK 200,000)
Reason: To restart the business and maintain machines.
Collateral Available: USD 47 thousand
Includes physical assets worth USD 117 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Papua New Guinea based business specializing in building classrooms, Government funded projects, servicing vehicles, transportation and highway projects.
- Business was started 8 years ago and expanded gradually.
- Business is not operational at the moment and need funds for restarting operations.
- Promoter has over 10 years of experience in this field.
- We have completed multiple small and big projects in the past.
- We have all the required machines to carry out projects. We need small funds to restart operations.
Products & Services Overview
Building govt and private projects.
Carpentry.
Road construction.
Workshop.
Properties transaction.
Transportation.
Assets Overview
Assets are:
Excavators.
Land properties.
Vehicles.
Trucks.
Workshop.
Facilities Overview
Business owns a 20 rooms guest house and 2 machines for maintenance along with other machines.
Capitalization Overview
Business is funded through self-savings, own funds and business profits.
Business is 100% owned by a single owner and there are no other shareholders.
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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.
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