Manpower Security Company Seeking Loan in Port Moresby, Papua New Guinea
Established security services provider in Port Moresby serving 4 corporate clients, seeking funding for expansion.
This transaction has concluded.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 83 thousand |
| Run Rate Sales | USD 113 thousand |
| EBITDA Margin | 37 % |
| Industries | Manpower Security |
| Locations | Port Moresby |
| Local Time | 2:16 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
35.4 thousand
for
10.0%
annual interest,
4
years
(Native Currency: PGK 150,000)
Reason: Need funds to procure a vehicle and expand operations to more locations.
The sought transaction amo...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
4.7 thousand
Documents
Company Profile
(3.2 MB)
Business Overview
- Security services provider with static & armed guards, as well as escort services.
- The team brings over five years of industry experience, ensuring reliable and professional security services.
- Contracts are structured for stability, with one client for annual renewal and others renewing semi-annually, providing consistent revenue flow and client retention.
- Current monthly profits stand at PGK 15,000, showcasing a financially robust operation despite being a small enterprise.
- Business is fully compliant with regulatory standards, holding an incorporation certificate, Taxpayer registration, a Class 'A' license under the Security (Protection) Industry Act, and ISO certification.
- Strategic focus includes acquiring a firearms license to expand service offerings and enhance market competitiveness.
- The team brings over five years of industry experience, ensuring reliable and professional security services.
- Contracts are structured for stability, with one client for annual renewal and others renewing semi-annually, providing consistent revenue flow and client retention.
- Current monthly profits stand at PGK 15,000, showcasing a financially robust operation despite being a small enterprise.
- Business is fully compliant with regulatory standards, holding an incorporation certificate, Taxpayer registration, a Class 'A' license under the Security (Protection) Industry Act, and ISO certification.
- Strategic focus includes acquiring a firearms license to expand service offerings and enhance market competitiveness.
Products & Services Overview
Offers a range of security solutions, including static & armed guards, as well as escort services, catering primarily to four corporate clients in Port Moresby. The structured contracts, with annual and semi-annual renewals, ensure stable revenue flow and high client retention.
Assets Overview
Physical assets include:- 3 to 4 desktops and printers.
- 1x land cruiser.
We also outsource a few equipment based on clients' needs.
Facilities Overview
We are operating from a home-based office with adequate car parking space to accommodate the company vehicles.
Capitalization Overview
- Sole owner.- The business is funded by our paying clients, and when payments are delayed, we use personal funds to cover the shortfall.
Tags:
Manpower Security Company Seeking Loan in Port Moresby, Papua New Guinea
·Security Agency Company Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Manpower Security Company in Port Moresby, Papua New Guinea
·Lend to Security Agency Company in Port Moresby, Papua New Guinea
·Security Company Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Security Company in Port Moresby, Papua New Guinea
·Manpower Security Company Seeking Loan
·Security Agency Company Seeking Loan
·Lend to Manpower Security Company
·Lend to Security Agency Company
·Security Company Seeking Loan
·Lend to Security Company
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
