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Newly Established Interior Design & Architecture Seeking Loan in Wewak, Papua New Guinea

Nascent interior design and renovation business seeks working capital loan for a PGK 600k project.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales USD 5.9 thousand
EBITDA Margin 30 %
Industries Interior Design & Architecture
Locations  Wewak
Local Time 6:51 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 122 thousand for 6.0% annual interest, 5 years (Native Currency: PGK 500,000)
Reason: We are seeking this investment as working capital to start a new project. The renovation project is ... View More
Collateral Available: USD 0
Includes physical assets worth USD 49 thousand
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Company Profile
Business Overview
- Location: Situated in Wewak, the business is strategically placed to serve the local community with interior design and architecture solutions.
- Employee strength: The company operates with a dedicated team of 12 skilled professionals, ensuring personalized service and attention to detail in every project.
- The business is currently in its early stages. As part of our strategic restructuring to enable more efficient scaling, we have optimized our team structure and onboarded 12 employees to support the upcoming project pipeline.
- Industry focus: Specializes in the interior design and architecture industry, catering to both commercial and residential clients seeking renovation and maintenance services.
- Core services: Offers a comprehensive range of services including renovation, interior design, and maintenance, tailored to meet the specific needs of clients.
- Customer engagement: Implements digital marketing strategies and emphasizes a strong online presence to directly connect with a diverse customer base, enhancing customer acquisition and retention.
- Project portfolio: Since establishment, the business has completed significant projects such as a school classroom and office complex, demonstrating expertise and reliability in managing construction and renovation tasks.
- Regulatory compliance: The business is officially registered with the IPA, ensuring compliance with industry standards and regulations, thus enhancing credibility among clients.
- Growth potential: As a newly established business, it has shown promising growth with two projects completed and one project in the pipeline, indicating steady progress and expansion opportunities in the interior design market.
Products & Services Overview
The business specializes in commercial and residential renovation, interior design, and maintenance services.
Customers connect with us directly through our social media accounts.
Assets Overview
Tangible assets: all construction tools, a Lucas mill and equipment to carry out the work.
Facilities Overview
The business operates from a rented office.
Capitalization Overview
The business is fully funded through the promoter’s personal investment, with no external loans.
Has 2 shareholders with equal shares.
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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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