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Cloud Software Company Seeking Loan in Port Moresby, Papua New Guinea

Cloud-software-company, 15 years of expertise, 1 major client and 50% revenue from cloud storage services.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 26 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin 10 %
Industries Cloud Software
Locations  Port Moresby
Local Time 7:03 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 13 thousand for 14.0% annual interest, 5 years (Native Currency: PGK 50,000)
Reason: To help grow the business and buy equipment.
Collateral Available: USD 8 thousand
Includes physical assets worth USD 16 thousand
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Business Overview

- Headquarters in NCD, we are a leading cloud computing company.

- Services include IaaS, SaaS, DaaS, and on-premise solutions.

- Expertise in advising on infrastructure solutions.

- Customized training for technical personnel to enhance skills.

- Impressive client base with 1 major client and 3 pipelines.

- Promoter brings 15 years of invaluable experience.

- 50% of revenue generated from cloud storage services.

- Strong financial foundation with recurring contracts.

- Consistent income flow contributing to healthy cash flow.

Products & Services Overview

- Leading in cloud hosting solutions.

- Specialization in IBM I and AIX systems.

- Pioneering hybrid cloud integration.

- Cutting-edge cloud computing services.

- Dominant presence in cloud storage.

- Diverse client base: engineering industries, oil and gas sector, and multinational corporations in NCD.

Assets Overview

Assets include:

2 vehicles.

Furniture and fixtures.

Office automation.

All our assets are illiquid, and hence require funds to grow the business.

Facilities Overview

NA, as we work from home currently.

Capitalization Overview

There are 2 shareholders in the company with a 50-50 split.

There are no loans or debts in the company.

Self funded operations.

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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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