Fishing Company Seeking Loan in Port Moresby, Papua New Guinea
Fishing and seafood processing business selling it to 5 local dealers now looking to begin exporting.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 23.7 thousand |
| Run Rate Sales | USD 114 thousand |
| EBITDA Margin | 30 % |
| Industries | Fishing + 1 more |
| Locations | Port Moresby |
| Local Time | 1:10 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
11.8 thousand
for
10.0%
annual interest,
2
years
(Native Currency: PGK 50,000)
Reason: To begin exporting our produce directly to dealers in other countries.
Collateral Available: USD 23.7 thousand
Includes physical assets worth
USD
71 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Plan
(33.6 KB)
Company Certificate
(136.1 KB)
Business Overview
- A fishing and seafood processing business based in Port Moresby, Papua New Guinea.
- We catch and process mud crabs, prawns and fish maw ourselves. We catch an average of 500 kg worth of seafood per day.
- Have a processing unit in Port Moresby, where we package and clean the seafood. It has a maximum capacity of processing 1,000 kg per day.
- The seafood is then sold to 5 local dealers, who further sell it locally and export them to nearby countries.
- Business was started late last year hence we did not generate much revenue for the last financial year.
- Physical assets include processing equipment and fishing equipment.
- We catch and process mud crabs, prawns and fish maw ourselves. We catch an average of 500 kg worth of seafood per day.
- Have a processing unit in Port Moresby, where we package and clean the seafood. It has a maximum capacity of processing 1,000 kg per day.
- The seafood is then sold to 5 local dealers, who further sell it locally and export them to nearby countries.
- Business was started late last year hence we did not generate much revenue for the last financial year.
- Physical assets include processing equipment and fishing equipment.
Products & Services Overview
We do fishing and processing of -mud crabs, fish maw and prawns.
Facilities Overview
Processing facility is rented and is in Port Moresby.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysRigger, Telecommunications, Belconnen, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Officer, Digital Marketing, Port Moresby, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysTeaching Assistant, Training Institute, Port Moresby, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Seafood Processing Company Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Newly Established Seafood Processing Company in Port Moresby, Papua New Guinea
·Newly Established Fishing Company Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Newly Established Fishing Company in Port Moresby, Papua New Guinea
·Newly Established Seafood Processing Company Seeking Loan
·Lend to Newly Established Seafood Processing Company
·Newly Established Fishing Company Seeking Loan
·Lend to Newly Established Fishing Company
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