IT Infrastructure Company Seeking Loan in Lorengau, Papua New Guinea
IT Support company in Lorengau with 20 clients, seeks funds for expansion and equipment purchase.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 12.3 thousand |
| Run Rate Sales | USD 12.4 thousand |
| EBITDA Margin | 15 % |
| Industries | IT Infrastructure |
| Locations | Lorengau |
| Local Time | 8:54 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
10 thousand
for
4.0%
annual interest,
3
years
(Native Currency: PGK 40,000)
Reason: Seeking funds for expansion of business and purchase more IT equipment and parts.
Collateral Available: USD 0
Includes physical assets worth
USD
10 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Entity Extract
(77.8 KB)
Certificate of Registration
(137.4 KB)
Business Overview
- The business is an IT support provider based in Lorengau, with operations primarily focused in the Province of Manus.
- Serves a diverse client base, including individuals, small businesses, large corporations, government agencies, and non-profit organizations. It has established relationships with approximately 20 clients across the Province of Manus.
- The company generates revenue through various models, including charging clients based on specific projects or deliverables, consulting fees for providing expertise & advice, software licensing, and ongoing support and maintenance contracts.
- On average, the business serves 8-10 clients per month, with an average service fee of PGK 175 per hour.
- The founder is an IT Support Tech bringing over 20 years of experience in the field, emphasizing the importance of building strong relationships with clients, partners, suppliers, and other stakeholders for the success of the business.
- The company has been recognized with awards for innovation, customer satisfaction, technological advancements, and industry leadership, demonstrating its commitment to driving growth and innovation in the IT support sector.
- The business needs 5 permanent employees to run the operations, which includes admin, management and support staff.
- Serves a diverse client base, including individuals, small businesses, large corporations, government agencies, and non-profit organizations. It has established relationships with approximately 20 clients across the Province of Manus.
- The company generates revenue through various models, including charging clients based on specific projects or deliverables, consulting fees for providing expertise & advice, software licensing, and ongoing support and maintenance contracts.
- On average, the business serves 8-10 clients per month, with an average service fee of PGK 175 per hour.
- The founder is an IT Support Tech bringing over 20 years of experience in the field, emphasizing the importance of building strong relationships with clients, partners, suppliers, and other stakeholders for the success of the business.
- The company has been recognized with awards for innovation, customer satisfaction, technological advancements, and industry leadership, demonstrating its commitment to driving growth and innovation in the IT support sector.
- The business needs 5 permanent employees to run the operations, which includes admin, management and support staff.
Products & Services Overview
Top services include - computer repair, software installation, network troubleshoot repair/installation and electronics repair.Government organizations, corporates and private firms use our services for their IT support.
Assets Overview
Laptops, desktops, printer, chairs, tables, repair tools, network tools/gears and servers.
Facilities Overview
The facility is a 4 meter by 4 meter single-floor building. The built-up area of the facility is 16 square meters.It consists of a single floor that is a one-story structure.
For a small facility like a 4x4 meter single-floor building, the rental or lease cost is PGK 1,500 per month which is affordable compared to larger commercial spaces.
Located in Lorengau, Province of Manus.
Capitalization Overview
The business is currently funded solely by the director. There are no external debts or loans outstanding that the business has taken on.As the sole owner, the director holds 100% ownership of the business.
There are no additional shareholders.
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