Need help?

Newly Established Timber Trading Business Seeking Loan in Buka Town, Papua New Guinea

Pre-revenue timber export business with distributor contracts, seeking funding to start operations.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Timber Trading
Locations  Buka Town
Local Time 3:54 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 3.55 thousand for 8.0% annual interest, 1 year (Native Currency: PGK 15,000)
Reason: Looking for funding to launch export operations. The owner plans to begin operations within the next... View More
Collateral Available: USD 470
Includes physical assets worth USD 11.8 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- The business owns land with trees suitable for logging and milling into timber.
- Product line will focus on sawn timber in different sizes.
- Plans to export timber and sandalwood in 20 ft containers, targeting 100+ containers monthly.
- Contracts have been secured with local distributors to support exports.
- Operations have not yet started due to lack of working capital.
- Registered with a valid certificate of incorporation.
Products & Services Overview
Exports of sawn timber and sandalwood, primarily serving international buyers through distributor partnerships.
Assets Overview
The business owns the following assets:
- A 5-hectare piece of land.
- Milling machinery.
Facilities Overview
The business will operate on a self-owned 5-hectare land.
Capitalization Overview
The business is owned by a sole owner.
There are no debts in the business.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
5 Investors viewed this Business this month. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more