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Newly Established Manpower Supply Business Seeking Loan in Lae, Papua New Guinea

PNG based manpower supply company with 1 ongoing contract seeks funds to expand operations.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 29 thousand
EBITDA Margin 40 %
Industries Manpower Supply
Locations  Lae
Local Time 8:22 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 12 thousand for 10.0% annual interest, 10 years (Native Currency: PGK 50,000)
Reason: Our goal is to expand our client base and increase revenue through strategic investments in marketin... View More
Collateral Available: USD 19.4 thousand
Includes physical assets worth USD 19.4 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- The company provides labor for mining companies.
- We have established ourselves as a trusted labor hire service provider in Wau, Waria District.
- We are expanding our client base and have successfully worked with several local businesses.
- We offer flexible pricing tailored to meet the needs of different businesses.
- Our promoter’s extensive experience in recruitment enables us to connect businesses with the ideal workers.
- We are dedicated to delivering high-quality service and building strong, lasting relationships with organizations in the region.
- We supply contract workers as required by our clients.
- Our current clientele includes a nearby mining company.
- We possess all necessary licenses and certifications, including a certificate of registration and a certificate of good standing.
Products & Services Overview
Manpower supply company working with mining companies in the region.
Assets Overview
Land of 1 acre worth PGK 80k.
Facilities Overview
We operate from a rented office space in Wau, Waria District. The office is about 1,000 square feet, and it's located in a central area. We chose this location because it's easily accessible for our clients and workers. We're still setting up our facility, but we're excited to have a physical space where we can meet with clients and workers.
Rent per month is PGK 1,000.
Capitalization Overview
Sole owner.
Currently funded through personal savings and a small investment from friends and family. We are now seeking additional investment to help us grow and expand our services.
No loans or debts.
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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