Ground Logistics Business Seeking Loan in Lae, Papua New Guinea
Company involved in transporting chromite from the mine seeks a loan.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 10 - 20 thousand |
| Run Rate Sales | USD 150 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Ground Logistics |
| Locations | Lae |
| Local Time | 9:56 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
250 thousand
for
12.0%
annual interest,
3
years
(Native Currency: PGK 1,000,000)
Reason: Need funds to buy more trucks.
Collateral Available: USD 174 thousand
Includes physical assets worth
USD
150 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- We are a new company involved in transportation and logistics.
- Recently entered into business with Mapai Transport Ltd to transfer Chromium from Ramu Nickel-Cobalt Mine.
- Currently, we have just 1x Renault semi-tractor trailer. We want to increase our fleet to 10 vehicles.
- The capacity of the trailer is 40 tonnes but currently loading 30 tonnes of the product.
- We recently received a contract that increased the revenue significantly.
- The promoter has over 30 years of experience in the management industry.
- Recently entered into business with Mapai Transport Ltd to transfer Chromium from Ramu Nickel-Cobalt Mine.
- Currently, we have just 1x Renault semi-tractor trailer. We want to increase our fleet to 10 vehicles.
- The capacity of the trailer is 40 tonnes but currently loading 30 tonnes of the product.
- We recently received a contract that increased the revenue significantly.
- The promoter has over 30 years of experience in the management industry.
Products & Services Overview
We transport chromite from Ramu nickel-chromium and cobalt mine.
Assets Overview
6x6 Renault prime mover.40 ft trailer.
Facilities Overview
With a business loan, we will build office space and increase staff to run the business.
Capitalization Overview
- Business is funded by personal funds.- The company has 1 owner.
- Company has no debts or liabilities.
Recent Activity
-
Earlier than 15 daysConsulting, Port Moresby, Financial Consultant connected with the Business
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