Newly Established Vehicle Rental Business Seeking Loan in Port Moresby, Papua New Guinea
|Employees||2 - 5|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Run Rate Sales||USD 38 thousand|
|EBITDA Margin||25 %|
|Local Time||9:00 AM Pacific / Port Moresby|
|Listed By||Business Owner / Director|
1. The business provides transport and logistics services and rental services in Port Moresby, Papua New Guinea.
2. Company has 4 employees and has just started operations and requires additional capital to expand its reach to other parts of the country.
3. The company offers transport services, and vehicles for hire for logistic services, and payments are directed to the company’s account.
4. All vehicles are loaned to corporate clients for various logistic services.
5. Business seeks funding to grow and expand its operations to other parts of Papua New Guinea.
6. We have 2 vehicles for now and they are rented to 2 corporate clients.
Vehicle for hire for logistic services.
Payments are directed to the company's account.
Office space as per operational requirements along with two land cruisers.
Currently there are two Toyota Land Cruisers fully kitted for business operations.
Business is being operated from a promoter owned facility.
Solely funded by the only owner.
Accounts opened with the bank and further funding will be through small and medium enterprise loan (SME).
No loans at the moment.