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Newly Established Petroleum Product Business Seeking Loan in Kimbe, Papua New Guinea

Quality petrol supplier for marine operations with 7 loyal clients, seeks business loan.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2 - 3 thousand
Run Rate Sales USD 11.4 thousand
EBITDA Margin 30 - 40 %
Industries Petroleum Product
Locations  Kimbe
Local Time 5:07 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 23.7 thousand for 10.0% annual interest, 5 years (Native Currency: PGK 100,000)
Reason: The owner is seeking a loan to support the expansion of business services. Once the loan is secured... View More
Collateral Available: USD 23.7 thousand
Includes physical assets worth USD 119 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Well-established petrol trading business specializing in fuel supply for marine and boating operations.
- Exclusively caters to boat operators, ensuring reliable and timely delivery of quality petrol.
- Maintains active contracts with 7 regular clients within the maritime and coastal transport sector.
- Holds a valid Certificate of Registration and a Certificate of Good Standing from the Government of Papua New Guinea.
- The business employs two key staff members who manage core operations, while the remaining workforce is outsourced on a contractual basis.
- Recognized for consistent service standards, compliance, and long-term client relationships within the regional fuel market.
Products & Services Overview
Petrol trading and supply for boat operators and marine transport businesses in Papua New Guinea.
Assets Overview
Tangible assets: Land, building, warehouse, and petrol storage units.
Intangible assets: Business registration certificate.
Facilities Overview
We operate our business from our own office and warehouse facilities.
Capitalization Overview
The business is solely owned and self-funded by the owner, with no loans or external financing.
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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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