Event Management Company Seeking Loan in Puerto Princesa City, Philippines
Established event management business seeks funding to develop a spacious venue and improve service capacity.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 19.6 thousand |
| Run Rate Sales | USD 19.6 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Event Management |
| Locations | Puerto Princesa City |
| Local Time | 3:01 PM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
65 thousand
for
10.0%
annual interest,
4
years
(Native Currency: PHP 4,000,000)
Reason: Seeking funding to expand the existing event management business by acquiring a property and develop...
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Collateral Available: USD 0
Includes physical assets worth
USD
3.26 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Established event organizer and wedding coordinator based in Puerto Princesa with over 7 years of industry presence.
- The business is expanding its existing operations by developing its own event venue to address the limited capacity and additional charges commonly imposed by existing venues.
- The proposed venue will accommodate over 300 guests and feature a large event hall, function hall, garden wedding area, rooftop event space, six guest rooms, and facilities for catering services, providing a complete event destination.
- The new venue will operate as part of the existing event management business, allowing the company to serve clients requiring larger venues while continuing to use partner hotel venues for smaller events.
- The business also provides event planning, wedding coordination, and makeup services, offering clients a comprehensive event management solution.
- The business currently serves approximately 2 to 5 clients per month, with peak demand occurring between September and February, and charges around PHP 50,000 to PHP 60,000 per client.
- The business holds valid DTI and BIR registrations, enabling it to operate legally in the Philippines.
- The business is expanding its existing operations by developing its own event venue to address the limited capacity and additional charges commonly imposed by existing venues.
- The proposed venue will accommodate over 300 guests and feature a large event hall, function hall, garden wedding area, rooftop event space, six guest rooms, and facilities for catering services, providing a complete event destination.
- The new venue will operate as part of the existing event management business, allowing the company to serve clients requiring larger venues while continuing to use partner hotel venues for smaller events.
- The business also provides event planning, wedding coordination, and makeup services, offering clients a comprehensive event management solution.
- The business currently serves approximately 2 to 5 clients per month, with peak demand occurring between September and February, and charges around PHP 50,000 to PHP 60,000 per client.
- The business holds valid DTI and BIR registrations, enabling it to operate legally in the Philippines.
Products & Services Overview
- The business provides event planning and coordination, wedding management, venue rental, makeup services, and end-to-end event solutions for weddings, birthdays, debuts, corporate events, and other special occasions.- Clients include couples, families, businesses, and organizations in Puerto Princesa and nearby areas.
Assets Overview
Physical assets include sound and lighting equipment, backdrop decorations, and other event setup materials.Intangible assets include client relationships, supplier and venue partnerships.
Facilities Overview
There is no dedicated physical facility. Operating from the promoter's home premises in Sta. Monica, Puerto Princesa.
Capitalization Overview
At present, the business has no outstanding debts or loans. The business is solely owned by the promoter, who holds 100% ownership and is responsible for all business operations, financial decisions, and management.
Tags:
Event Management Company Seeking Loan in Puerto Princesa City, Philippines
·Lend to Event Management Company in Puerto Princesa City, Philippines
·Event Company Seeking Loan in Puerto Princesa City, Philippines
·Lend to Event Company in Puerto Princesa City, Philippines
·Event Management Company Seeking Loan
·Lend to Event Management Company
·Event Company Seeking Loan
·Lend to Event Company
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