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Newly Established IT Infrastructure Business Seeking Loan in Nadi, Fiji

Nadi-based pre-revenue IT services business offering diverse technical installation and support solutions, seeks funding.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries IT Services + 1 more
Locations  Nadi
Local Time 11:03 PM Pacific / Fiji
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 9.1 thousand for 1.0% annual interest, 3 years (Native Currency: FJD 20,000)
Reason: Support early-stage operations, working capital requirements, and growth initiatives following its l... View More
Collateral Available: USD 0
Name, Phone, Email
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Business Name
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Business Overview
* Located in Nadi, our business is a new IT services company started six months ago and currently pre-revenue.
* We specialize in home WiFi setups, Starlink installations, advanced network cabling, and CCTV security solutions.
* The business also plans to expand into web design and development to broaden its service offering.
* We will operate on a service-based billing model, with plans to introduce subscription and recurring service models in the future.
* Planned upcoming engagements include a law firm requiring weekly IT support, including website management, Starlink installation, and CCTV troubleshooting.
* Another law firm plans to engage the business on an as-needed basis for IT support, with no formal contract or care plan currently in place.
* The business also aims to undertakes subcontracted work for other IT companies, including fiber optic cabling, CCTV installation, and PC repairs.
* Additional IT support will be provided to a local church, including laptop repairs, office installations, and troubleshooting of day-to-day IT issues.
* As a newly established business, there is currently no established revenue base, with growth expected through upcoming engagements, subcontracting opportunities, and planned service expansion.
* No industry-specific licenses or certifications are required for the services currently offered, allowing the business to operate with a straightforward setup.
Products & Services Overview
The business will provide IT services including CCTV security solutions, Starlink installations, home WiFi setups, network cabling, PC repairs, and general IT support, serving residential customers, businesses, law firms, IT companies, and organizations such as churches.
Assets Overview
Physical assets: The business does not currently own any physical assets of significant value and does not plan to maintain inventory. Equipment and materials will be procured on a service or client requirement basis.

Intangible assets: Technical expertise, upcoming client relationships, supplier and subcontractor networks, service capabilities, and the promoter’s industry knowledge and experience.
Facilities Overview
The business has not yet established a dedicated physical office facility.
Capitalization Overview
Self-funded.
No outstanding loans.
Sole owner.
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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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