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 | 7:28 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
50 thousand
for
9.0%
annual interest,
5
years
(Native Currency: PGK 200,000)
Reason: Require funds to start operations.
Collateral Available: USD 124 thousand
Includes physical assets worth
USD
25 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
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
·Lend to Newly Established Bike Rental Company
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