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ISP Seeking Loan in Ipil, Philippines

Regional ISP with 1,000 prepaid WiFi subscribers expanding FTTH fiber network in Zamboanga del Norte.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 69 thousand
EBITDA Margin 20 - 30 %
Industries ISPs
Locations  Ipil
Local Time 11:06 PM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 820 thousand for 10.0% annual interest, 6 years (Native Currency: PHP 50,000,000)
Reason: Seeking ₱50 million in growth financing to expand fiber-optic and wireless broadband infrastructure ... View More
Collateral Available: USD 164 thousand
Includes physical assets worth USD 164 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
Internet Service Provider (WISP) delivering broadband connectivity to underserved communities in the Zamboanga Peninsula, Philippines. The company currently operates in Siocon and Baliguian, providing prepaid and subscription-based internet services to approximately 1,000 active customers, including households, small businesses, and community users.

The company’s revenue is generated through prepaid WiFi, monthly internet subscriptions, and business connectivity services. The company established its wireless network infrastructure and is now preparing for its next phase of growth by expanding into 10 additional municipalities where demand for reliable and affordable internet services continues to increase.

Seeking PHP 50 million in funding to accelerate network expansion, deploy additional wireless and fiber infrastructure, strengthen core network capacity, and allocate PHP 20 million toward restructuring existing business obligations to support sustainable growth and long-term financial stability.
Products & Services Overview
Prepaid WiFi internet services for households, students, small businesses, and communities through wireless hotspot network in Siocon and Baliguian.
Assets Overview
Wireless relay towers, network radios, fiber-optic cables, routers, switches, servers, OLT equipment, customer network infrastructure, vehicles, installation tools, website, customer database and the brand.
Facilities Overview
The business operates from a leased lot from the Municipality of Ipil for the business's server, network equipment, and wireless internet infrastructure.
Capitalization Overview
The business is a sole proprietorship, 100% owned by the founder and funded through owner capital, operating revenue, and business loans. It currently has approximately PHP 20 million in outstanding business obligations.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
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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