Newly Established Mining Support Company Seeking Loan in Namatanai, Papua New Guinea
Transport and fleet solutions business with 5+ clients, seeking a loan for essential machinery acquisition.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2.38 million |
| Run Rate Sales | USD 2.38 million |
| EBITDA Margin | 40 % |
| Industries | Mining Support + 1 more |
| Locations | Namatanai |
| Local Time | 4:41 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
1.19 million
for
10.0%
annual interest,
3
years
(Native Currency: PGK 5,000,000)
Reason: We are seeking a loan to purchase machinery in order to fulfill our recently awarded excavation cont...
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Collateral Available: USD 0
Includes physical assets worth
USD
1.19 million
Interested to connect with advisors
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Business Name
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Documents
Certificate of Incorporation
(340.0 KB)
Business Overview
- The company provides transport and fleet solutions using dump trucks, land cruisers, excavators, and loaders.
- Its core focus is on excavation for mining sites and trucking services for the largest palm oil manufacturing conglomerate in New Guinea.
- We are headquartered in Lihir, New Ireland Province, in the Namatanai District of New Guinea.
- Currently, we serve over five clients and are actively operating at three mining sites, where we hold excavation contracts.
- We do not own any machinery. All equipment and vehicles are leased from three exclusive suppliers.
- These leases typically include drivers, allowing our team of seven permanent employees to focus on sourcing and managing contracts.
- The company is registered as a private limited entity. We hold a Certificate of Compliance, an IPA Certificate, and a Certificate of Good Standing.
- Its core focus is on excavation for mining sites and trucking services for the largest palm oil manufacturing conglomerate in New Guinea.
- We are headquartered in Lihir, New Ireland Province, in the Namatanai District of New Guinea.
- Currently, we serve over five clients and are actively operating at three mining sites, where we hold excavation contracts.
- We do not own any machinery. All equipment and vehicles are leased from three exclusive suppliers.
- These leases typically include drivers, allowing our team of seven permanent employees to focus on sourcing and managing contracts.
- The company is registered as a private limited entity. We hold a Certificate of Compliance, an IPA Certificate, and a Certificate of Good Standing.
Products & Services Overview
Top-selling services include the provision of transport and fleet solutions using dump trucks, land cruisers, excavators, and loaders, primarily focused on excavation for mining sites and trucking services for the largest palm oil manufacturing conglomerate in New Guinea.
Assets Overview
Tangible assets:- Owned land with an office (PGK 5 million)
Intangible assets:
- Private limited entity.
- Certificate of compliance, IPA certificate, and certificate of good standing.
Facilities Overview
Our office is located on land we own, although most of our operations take place directly at client sites.
Capitalization Overview
The business is currently debt-free and fully funded by the promoters.
Tags:
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·Newly Established Mover & Packer Company Seeking Loan in Namatanai, Papua New Guinea
·Newly Established Dispatching Company Seeking Loan in Namatanai, Papua New Guinea
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·Lend to Newly Established Trucking Company in Namatanai, Papua New Guinea
·Newly Established Mining Support Activite Company Seeking Loan
·Lend to Newly Established Mining Support Activite Company
·Newly Established Mining Support Company Seeking Loan
·Newly Established Mover & Packer Company Seeking Loan
·Newly Established Dispatching Company Seeking Loan
·Lend to Newly Established Mining Support Company
·Lend to Newly Established Mover & Packer Company
·Newly Established Trucking Company Seeking Loan
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