Coffee and Tea Company Seeking Loan in Lae, Papua New Guinea
Company trading high-quality parchment coffee and supplying to mills, seeks funds to establish coffee factory.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 50 - 60 thousand |
| Run Rate Sales | USD 57 thousand |
| EBITDA Margin | 40 % |
| Industries | Coffee and Tea |
| Locations | Lae |
| Local Time | 4:01 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
96 thousand
for
8.5%
annual interest,
5
years
(Native Currency: PGK 400,000)
Reason: Purpose of the loan:
1) Assets purchase for transport & logistics.
2) Establish own coffee process...
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Collateral Available: USD 167 thousand
Includes physical assets worth
USD
43 thousand
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Business Name
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Documents
Company Profile
(570.8 KB)
Certificate of Incorporation
(166.2 KB)
Certificate of Good Standing
(168.6 KB)
Company Profile
(570.8 KB)
Business Overview
- The company operates in Lae, focusing on trading high-quality parchment coffee sourced directly from local farmers and supplying it to three mills across Papua New Guinea (PNG).
- The firm facilitates monthly coffee supply operations, delivering twice a month to established mills in the region.
- With a current annual revenue of PGK 200k+, the business is poised for growth, projecting revenues of PGK 500k to PGK 1 million within the next two years, contingent on securing additional funding.
- Seeking investment to establish a coffee factory in Lae, the company envisions becoming the largest coffee exporter in PNG, capitalizing on its existing supply chain and industry expertise.
- Collaboration with Talent Link Ltd is underway towards establishing a new coffee processing facility, underscoring the company's commitment to creating its own coffee brand.
- An export license from the PNG Coffee Industry Corporation is a pending requirement for proceeding with factory establishment and brand-specific export operations.
- The expansion aims not only to create a unique brand identity but also positions the company to potentially become a multi-million business within the national coffee industry.
- The firm facilitates monthly coffee supply operations, delivering twice a month to established mills in the region.
- With a current annual revenue of PGK 200k+, the business is poised for growth, projecting revenues of PGK 500k to PGK 1 million within the next two years, contingent on securing additional funding.
- Seeking investment to establish a coffee factory in Lae, the company envisions becoming the largest coffee exporter in PNG, capitalizing on its existing supply chain and industry expertise.
- Collaboration with Talent Link Ltd is underway towards establishing a new coffee processing facility, underscoring the company's commitment to creating its own coffee brand.
- An export license from the PNG Coffee Industry Corporation is a pending requirement for proceeding with factory establishment and brand-specific export operations.
- The expansion aims not only to create a unique brand identity but also positions the company to potentially become a multi-million business within the national coffee industry.
Products & Services Overview
Trading high-quality parchment coffee sourced directly from local farmers in Papua New Guinea (PNG) and supplying it to three mills across the country. It facilitates the regular delivery of coffee twice a month, serving mills that process and distribute the product further under different brands.
Assets Overview
Physical assets include current inventory and a vehicle.
Facilities Overview
No dedicated physical facility, operating from residential premises.
Capitalization Overview
Currently the business is only funded by the owners. No external fundings obtained. We have 4 directors.
Tags:
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