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Newly Established Agriculture Wholesale Company Seeking Loan in Wewak, Papua New Guinea

Cocoa plant and bean traders with 500+ clients and 5k+ suppliers seek funds to export.

Established 0-1 year(s)
Employees 50 - 100
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales USD 295 thousand
EBITDA Margin 30 - 40 %
Industries Agriculture Wholesale
Locations  Wewak
Local Time 7:26 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 980 thousand for 10.0% annual interest, 10 years (Native Currency: PGK 4,000,000)
Reason: Require funds to enter the export vertical. With the necessary expansion, we are projecting monthly ... View More
Collateral Available: USD 37 thousand
Includes physical assets worth USD 79 thousand
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Business Overview
- Company specializes in the trading of both cocoa plants and dry cocoa beans, contributing to the supply chain of one of the world's most sought-after commodities.
- We derive our primary revenue from the sales of cocoa plants, providing a consistent income stream and building relationships with local farmers.
- We aim to expand our operations globally and require additional funding to export our high-quality cocoa beans to international markets, unlocking new revenue opportunities.
- The promoter of our company brings 2 years of hands-on experience in the cocoa industry, offering valuable insight into market trends, operational efficiency, and industry best practices.
- We have built a strong network of 5,000 farmers who act as our key suppliers, ensuring we maintain a steady and sustainable flow of high-quality cocoa plants and beans.
- Our operations are fully compliant with regulatory requirements, holding essential licenses such as IPA registration and a valid tax certificate, which reinforces our credibility and operational legitimacy.
- Our client base includes 500 local distributors across 14+ nearby villages, forming a robust domestic market that lays the foundation for our export ambitions.
- Our company is poised for growth, and with strategic investment, we can accelerate our export capabilities, increasing market share and long-term profitability.
Products & Services Overview
Company involved in trading of cocoa plant and cocoa dry beans.
We work with local distributors.
Assets Overview
Tangible assets.
1. Hino 300, running asset worth PGK 100k.
2. Two fermentary dryers worth PGK 20k.
3. Cash at bank PGK 31k.
4. Stock 100 bags worth PGK 170k.
Facilities Overview
Our warehouse measures a total of 200 sq m. This is the personal property of the owner located in Wewak.
Capitalization Overview
The business has a clean financial track record with no debts/ loans outstanding.
7 shareholders in total.
The director being the primary shareholder holds 80%
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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