Need help?

Recruitment Agency Seeking Loan in Port Moresby, Papua New Guinea

Business providing permanent employee recruitment services to 20 clients seeking funds to grow the business.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 14 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 30 %
Industries Recruitment Agencies
Locations  Port Moresby
Local Time 5:12 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 280 thousand for 20.0% annual interest, 5 years (Native Currency: PGK 1,000,000)
Reason: For working capital required to take on more clients.
Collateral Available: USD 28 thousand
Includes physical assets worth USD 57 thousand
Interested to connect with advisors
Documents
Business Overview

- A business providing recruitment services, based in Port Morseby, Papua New Guinea.

- Our business is also into consultancy and accounting services, but we are seeking funds only for the recruitment vertical of our business.

- We provide recruitment services to 20 clients. They belong to the construction and IT industries.

- Recruit an average of 5 employees per month. We recruit both permanent IT and non-IT professionals.

- Employees are sourced from online portals and private network.

Products & Services Overview

Recruitment of permanent IT and non-IT professionals.

Facilities Overview

Have a rented office of 2 floors.

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.
This transaction has concluded. View similar business opportunities on SMERGERS
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.

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