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Networking Equipment Business Seeking Loan in Port Moresby, Papua New Guinea

Business selling and installing computers and IC equipment with 18 corporate and government clients.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 30 - 40 %
Industries Networking Equipment + 1 more
Locations  Port Moresby
Local Time 6:04 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 260 thousand for 15.0% annual interest, 3 years (Native Currency: PGK 1,000,000)
Reason: Funds will be used to meet our target that we are unable to reach because of the COVID 19 restrictio... View More
Collateral Available: USD 160 thousand
Includes physical assets worth USD 160 thousand
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Business Overview

- Business focused on selling and installing computers, laptops, and IC equipment.

- Cater to government and corporate clients like Land and Physical Planning, and PNG Ports.

- Have 18 clients in total and have completed 2 contracts since inception.

- Our products are majorly Dell and HP products supplied by a supplier in Australia.

- Have traveled within the country installing Cisco based installation network.

- 100 items are bought on average or based on the project requirement.

- We have undertaken a major contract with the government power department.

- We have increased our sales by undertaking new projects.

Products & Services Overview

Selling and installing computers, laptops, printers, mobile phones, network equipment, and other electronic equipment.

Assets Overview

3 cars, 50 Computer equipment, 17 laptops, peripherals, and land.

Facilities Overview

We have rented an office property measuring 2,000 sq. m. that is situated within the city limits.

Capitalization Overview
Not Disclosed
Recent Activity
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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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