Newly Established Vehicle Rental Company Seeking Loan in Kainantu, Papua New Guinea
Car rental company with 5 cars seeks funds to launch operations.
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Vehicle Rental |
| Locations | Kainantu |
| Local Time | 4:00 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
47 thousand
for
9.0%
annual interest,
5
years
(Native Currency: PGK 200,000)
Reason: Require funds to start operations.
Collateral Available: USD 118 thousand
Includes physical assets worth
USD
23.7 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Company Profile
(13.4 MB)
Registration Certificate
(24.0 KB)
Business Overview
- Car rental company with plans to rent out our cars and mini trucks to transport officers to the mining company in Kainantu.
- We have 5 cars at the moment.
- The company has an existing contract with a weekly payment arrangement of PGK 50k with one mining company, which will help us finance the loan.
- We will start operations post funding.
- Our vehicles are rented by a local mining company.
- We have a valid certificate of registration, good standing and tax document.
- We have 5 cars at the moment.
- The company has an existing contract with a weekly payment arrangement of PGK 50k with one mining company, which will help us finance the loan.
- We will start operations post funding.
- Our vehicles are rented by a local mining company.
- We have a valid certificate of registration, good standing and tax document.
Products & Services Overview
Car rental company supplying cars and mini trucks to local mining companies.
Assets Overview
Assets include:The primary asset is our 5 cars/trucks.
Facilities Overview
Our office measures a total of 100 m2.Rent is PGK 500k/yr.
It is located in Kainantu.
Capitalization Overview
Sole owner.Self funded business.
No loans or debts.
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Newly Established Vehicle Rental Company Seeking Loan in Kainantu, Papua New Guinea
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·Newly Established Car Rental Company Seeking Loan
·Lend to Newly Established Vehicle Rental Company
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