Travel Agency Seeking Loan in Wewak, Papua New Guinea
Travel agency based on the Northern Coast of PNG with 2 major institutional clients.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 10 - 20 thousand |
| Run Rate Sales | USD 16 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Travel Agencies |
| Locations | Wewak |
| Local Time | 11:52 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
16 thousand
for
9.0%
annual interest,
5
years
(Native Currency: PGK 60,000)
Reason: We wish to seek a loan to grow our logistics division. Currently, most of the sales come from airlin...
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Collateral Available: USD 0
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Travel agency for domestic airline tickets and logistics services serving individuals and institutions.
- We have 2 major institutional clients - Post PNG and the East Sepik Government.
- Have close relations with the domestic airline Air Nuigini.
- Marketing through word of mouth and references.
- 90% of our revenue is from the sale of airline tickets.
Products & Services Overview
Domestic airline ticketing, and logistics services through third parties.
Assets Overview
The business does not own any physical assets.
Facilities Overview
We operate from a rented property in Wewak, Papua New Guinea.
Capitalization Overview
- The entire business is held by a sole owner.
- The business has no prior bank loans or debt.
Recent Activity
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Earlier than 15 daysCEO, Lending & Broking, Australia, Corporate Investor / Buyer connected with the Business
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