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Newly Established Manpower Supply Company Seeking Loan in Point Fortin, Trinidad

Trinidad-based pre-revenue manpower and consultancy firm supplying offshore/onshore personnel to oil and gas industries.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Manpower Supply
Locations  Point Fortin
Local Time 6:48 PM America / Port of Spain
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 206 thousand for 6.0% annual interest, 3 years (Native Currency: TTD 1,400,000)
Reason: The proposed budget will cover essential startup costs including business setup, staffing, office in... View More
Collateral Available: USD 0
Includes physical assets worth USD 10.3 thousand
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Business Overview
- Pre-revenue manpower and consultancy company based in Trinidad and Tobago specializing in offshore and onshore workforce supply for the oil & gas, maritime, and petrochemical sectors.
- Provide certified personnel for offshore roles including riggers, deckhands, roustabouts, crane operators, banksmen, painters, rope access technicians, and catering crews.
- Supply onshore industrial manpower such as welders, fitters, riggers, and industrial painters for plant maintenance, fabrication, and shutdown projects.
- Offer full workforce coordination and logistics support including BOSIET/STCW compliance and crew mobilization services.
- Deliver consultancy services in manning compliance (MLC), recruitment policy design, and local content advisory for international contractors.
- Operate under a commission- and contract-based revenue model through manpower placements and consultancy retainers.
- Led by an industry veteran with over 20 years of operational experience in drilling, rigging, safety, and workforce coordination across the Caribbean and Latin America.
- Supported by strong professional relationships with major drilling contractors, logistics providers, and training institutions.
- Actively establishing partnerships to become an authorized manning agency under MLC compliance.
- Operates with a valid Certificate of Incorporation and adheres to regional labor and safety regulations.
Products & Services Overview
Top-selling products and services:
- Recruitment and placement of offshore personnel: This includes riggers, deckhands, roustabouts, crane operators, banksmen, painters, sandblasters, UHP water blasters, corrosion control crews, rope access technicians, catering crew, and more. Clients will be offshore drilling contractors, seismic and pipe-laying vessel operators, FPSO units, and support vessels. It is used to staff short- and long-term offshore projects in the oil & gas and maritime sectors.
- Onshore industrial workforce supply: This covers skilled trades such as riggers, welders, fitters, industrial painters, and sandblasters. Clients will include petrochemical plants, fabrication yards, and turnaround/shutdown contractors. It will support plant maintenance, construction, and shutdown activities.
- Workforce coordination & logistics support: Services will include BOSIET/STCW coordination and travel arrangements for mobilization. Clients will be international contractors, drilling companies, and EPC firms operating in Trinidad and the Caribbean. This will ensure timely mobilization of certified crews for offshore deployment.
- Consultancy services: These will include manning compliance (MLC), recruitment policy development, and local content advisement. Clients will be new market entrants and foreign companies operating under local labor regulations. This will help clients meet legal, HSE, and workforce compliance requirements.
Assets Overview
Tangible assets include a laptop and mobile phone for business operations, a printer/scanner, basic office furniture like a desk, chair, and filing cabinet, business stationery and branded materials, and a complete furniture setup for office stations. Intangible assets cover official company registration and incorporation documents, the company logo, brand name, and domain (email and/or website, if applicable), the founder’s 20+ years of experience in offshore and maritime operations, established industry relationships with offshore contractors and service providers, business proposals submitted to potential clients, social media profiles (Facebook), drafted policies, contracts, and operating procedures.
Facilities Overview
The business is currently based in a dedicated home office in Trinidad and Tobago, equipped with all the essentials for administration, coordination, and client communication. It operates on a single floor and is owner-occupied, with no rental or lease at the moment. Plans are underway to acquire a commercial office space.
Capitalization Overview
The business is entirely self-funded through the personal savings of the founder from his previous employment in the offshore oil & gas industry.
Debts/Loans: None (the business is debt-free)
Number of shareholders: 1.
Ownership structure: 100% ownership.
The company is open to future investment or strategic partnerships to support operational expansion and workforce scaling.
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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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