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Newly Established LNG Transportation Business Seeking Loan in Port Moresby, Papua New Guinea

New and reliable fuel transport service business focused on secure distribution and real-time data tracking.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 7 thousand
EBITDA Margin 10 %
Industries Gas Stations + 1 more
Locations  Port Moresby
Local Time 9:07 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 8.0% annual interest, 5 years (Native Currency: PGK 50,000)
Reason: Need working capital as we are a new business. We will start paying interest after 3 to 4 months on... View More
Collateral Available: USD 4.7 thousand
Includes physical assets worth USD 7 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- The business is a newly established fuel transportation business located in Port Moresby, focusing on secure and efficient fuel distribution solutions.
- Offers fuel delivery services, specifically designed for corporate clients, ensuring timely transport to remote areas.
- We also plan to provide armed security tactical escorts for fuel supply enhancing safety in high-risk zones.
- Currently has one client, Vodafone PNG, and is seeking investments to expand its customer base and service offerings.
- Aims to build strong partnerships with businesses in need of B2B logistics solutions, focusing on reliability and customer satisfaction for sustainable growth.
- We have hired 5 employees, keeping expansion in mind. We will acquire more clients soon who will require additional manpower.
- Business has a registration certificate.
Products & Services Overview
We provide reliable, efficient, and transparent fuel distribution solutions in a timely manner to remote areas for clients.
Assets Overview
Tangible asset - car valued at PGK 20,000 and office furniture is PGK 10,000.
Intangible asset - business certificate and TIN certificate.
Facilities Overview
Office operation is based in a rental area in a Central Port Moresby location.
Capitalization Overview
No shareholders and no liabilities. The company is looking for possible partners and investors.
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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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