Newly Established Apparel Wholesale Business Seeking Loan in Alotau, Papua New Guinea
Pre-revenue wholesale and retail trading start-up dealing in household and F&B products, seeks funding.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Apparel Wholesale + 1 more |
| Locations | Alotau |
| Local Time | 5:34 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
1.13 thousand
for
10.0%
annual interest,
1
year
(Native Currency: PGK 5,000)
Reason: Working capital to start and expand wholesale and retail operations and prepare for future vehicle i...
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Collateral Available: USD 0
Includes physical assets worth
USD
2.14 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Company Profile
(5.3 MB)
Business Overview
* We are a new start-up, currently pre-revenue, based in Alotau, Milne Bay Province.
* The company will focus on the wholesale and retail sale of household goods, personal products, clothing, baby products, food, beverages, and tobacco.
* Our product range will also include second-hand clothing, providing affordable options to customers in the local market.
* As we grow and raise sufficient capital, we plan to venture into vehicle imports and expand into the sale and repair of motor vehicles and motorcycles.
* We will generate revenue primarily through product sales, with additional revenue expected from vehicle sales and repair services once this segment is launched.
* The company is owned by two experienced professionals with backgrounds in building, customs, human resources, and office administration, providing relevant expertise to manage operations and support growth.
* We are currently seeking funding to procure initial inventory and commence operations.
* Our goal is to achieve profitability and establish steady growth within the first year of operations.
* The company has an IPA registration, Certificate of Long Standing, and the necessary tax registrations in place.
* The company will focus on the wholesale and retail sale of household goods, personal products, clothing, baby products, food, beverages, and tobacco.
* Our product range will also include second-hand clothing, providing affordable options to customers in the local market.
* As we grow and raise sufficient capital, we plan to venture into vehicle imports and expand into the sale and repair of motor vehicles and motorcycles.
* We will generate revenue primarily through product sales, with additional revenue expected from vehicle sales and repair services once this segment is launched.
* The company is owned by two experienced professionals with backgrounds in building, customs, human resources, and office administration, providing relevant expertise to manage operations and support growth.
* We are currently seeking funding to procure initial inventory and commence operations.
* Our goal is to achieve profitability and establish steady growth within the first year of operations.
* The company has an IPA registration, Certificate of Long Standing, and the necessary tax registrations in place.
Products & Services Overview
- The company will sell and distribute clothing, personal and household goods, baby products, food, beverages, and tobacco through wholesale and retail channels, serving individuals, retailers, and businesses.- As the business expands, it also aims to provide motor vehicle and motorcycle sales, servicing, maintenance, and repair services to individual customers and commercial clients.
Assets Overview
Physical assets include a laptop, Wi‑Fi device, table, and chairs. These assets are essential for the business operations and cannot be liquidated.Intangible assets include the business name, brand identity, customer relationships, supplier contacts, business registrations, market knowledge, and established goodwill.
Facilities Overview
No dedicated physical facility yet; the business will operate from the promoter’s residential premises in Alotau, Milne Bay.
Capitalization Overview
The business is currently self-funded with no outstanding loans or debts. Ownership is shared between two partners, each holding 50% share in the business.
Tags:
Newly Established Apparel Wholesale Business Seeking Loan in Alotau, Papua New Guinea
·Newly Established Food Wholesale Business Seeking Loan in Alotau, Papua New Guinea
·Lend to Newly Established Apparel Wholesale Business in Alotau, Papua New Guinea
·Lend to Newly Established Food Wholesale Business in Alotau, Papua New Guinea
·Newly Established Apparel Wholesale Business Seeking Loan
·Newly Established Food Wholesale Business Seeking Loan
·Lend to Newly Established Apparel Wholesale Business
·Lend to Newly Established Food Wholesale Business
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