IT Consultancy Business Seeking Loan in Port Moresby, Papua New Guinea
IT consultancy established in Port Moresby Papua New Guinea seeks a business loan.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 12.3 thousand |
| Run Rate Sales | USD 14.8 thousand |
| EBITDA Margin | 35 % |
| Industries | IT Consultancy + 1 more |
| Locations | Port Moresby |
| Local Time | 1:01 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
7.4 thousand
for
10.0%
annual interest,
6
years
(Native Currency: PGK 30,000)
Reason: We are seeking funds for startup capital and operational costs. Valuation is based on funds required...
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Collateral Available: USD 246
Includes physical assets worth
USD
1.97 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- IT services provider dealing in website development, project management, and SEO.
- Due to lack of funding our customer acquisition was low.
- We had one client partnership for 3 years and currently have two overseas clients. We are their contractor in Papua New Guinea.
- We have yearly contracts with our customers and submit site service reports (SVR) to receive our fee.
- SVR is for the site visits and support for desktops, laptops, and network servers that we provide.
- Our business has not taken any loan previously.
- Due to lack of funding our customer acquisition was low.
- We had one client partnership for 3 years and currently have two overseas clients. We are their contractor in Papua New Guinea.
- We have yearly contracts with our customers and submit site service reports (SVR) to receive our fee.
- SVR is for the site visits and support for desktops, laptops, and network servers that we provide.
- Our business has not taken any loan previously.
Products & Services Overview
We deal in the supply of IT products and their installation, end-user computing services, servers, storage & networks, project management, website development, and consultancy services.
Assets Overview
Physical assets include stock of spare parts and office servers & systems.Intangible assets include IPA registration and website.
Facilities Overview
We have a home-based administration and a small storage space to keep the spare parts for our clients on a rental basis.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, IT, Singapore, Individual Investor / Buyer connected with the Business
Tags:
Technology Consulting Business Seeking Loan in Port Moresby, Papua New Guinea
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·Technical Service Business Seeking Loan in Port Moresby, Papua New Guinea
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·Lend to System Integration Business in Port Moresby, Papua New Guinea
·Lend to Technical Service Business in Port Moresby, Papua New Guinea
·IT Services Business Seeking Loan in Port Moresby, Papua New Guinea
·Lend to IT Consultancy Business in Port Moresby, Papua New Guinea
·Lend to IT Services Business in Port Moresby, Papua New Guinea
·IT Business Seeking Loan in Port Moresby, Papua New Guinea
·Lend to IT Business in Port Moresby, Papua New Guinea
·Technology Consulting Business Seeking Loan
·System Integration Business Seeking Loan
·Technical Service Business Seeking Loan
·Lend to Technology Consulting Business
·IT Consultancy Business Seeking Loan
·Lend to System Integration Business
·Lend to Technical Service Business
·IT Services Business Seeking Loan
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