Small Network Equipment Business Seeking Loan in Port Moresby, Papua New Guinea
Port Moresby-based ICT company offering networking and tech solutions to government and private clients.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 25.5 thousand |
| Run Rate Sales | USD 26 thousand |
| EBITDA Margin | Nil |
| Industries | Network Equipment + 1 more |
| Locations | Port Moresby |
| Local Time | 2:39 AM Pacific / Guam |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
174 thousand
for
12.0%
annual interest,
5
years
(Native Currency: PGK 750,000)
Reason: To refinance the existing loan and fund outstanding projects to generate a forecasted PGK 1.27 milli...
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Collateral Available: USD 23 thousand
Includes physical assets worth
USD
21.5 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Located in Port Moresby, this ICT company has been operational for 14 years, specializing in providing technology solutions to both government and private sector clients.
- The firm has established a solid client base, with 20 active clients, including 9 government agencies, 4 state-owned enterprises, and 7 private sector companies.
- The company reported an annual revenue of PGK 2 million 6 years ago, highlighting its potential profitability and market demand.
- Following the COVID pandemic, the company faced a revenue downturn, leading to workforce downsizing and relocation to a temporary office.
- With anticipated demand for services and project implementations expected to rise next year, the firm is seeking additional capital to re-establish a full-time workforce and formal office space.
- The company is working on developing patents and new software solutions, indicating a focus on innovation and the potential for future growth.
- Revenue is generated through monthly billing from contract clients and service-based billing for regular clients, demonstrating diverse income streams within the ICT landscape.
- The business is currently registered but requires renewal, indicating a timely opportunity for investors to support its growth and formalization efforts in the ICT sector.
- The firm has established a solid client base, with 20 active clients, including 9 government agencies, 4 state-owned enterprises, and 7 private sector companies.
- The company reported an annual revenue of PGK 2 million 6 years ago, highlighting its potential profitability and market demand.
- Following the COVID pandemic, the company faced a revenue downturn, leading to workforce downsizing and relocation to a temporary office.
- With anticipated demand for services and project implementations expected to rise next year, the firm is seeking additional capital to re-establish a full-time workforce and formal office space.
- The company is working on developing patents and new software solutions, indicating a focus on innovation and the potential for future growth.
- Revenue is generated through monthly billing from contract clients and service-based billing for regular clients, demonstrating diverse income streams within the ICT landscape.
- The business is currently registered but requires renewal, indicating a timely opportunity for investors to support its growth and formalization efforts in the ICT sector.
Products & Services Overview
- ICT company offering integrated technology solutions, including networking and communications, data center management, cloud computing, AI and IoT systems, electrical and power systems, ISP and hosting services, security and surveillance (CCTV, access, GPS tracking), and corporate IT support and business center services.- Used by government agencies, state-owned enterprises, and private sector clients to enhance their operational efficiency, digital infrastructure, and security systems.
Assets Overview
Our physical assets include: 12 CPUs, 12 LCD monitors, 12 UPS units, 2 12RU racks, 1 Xerox printer, 1 BizHub printer, 1 HP All-in-One printer, 1 OfficeJet, 1 DeskJet printer, 2 Cisco switches, and 3 HP laptops.
Facilities Overview
Our temporary office is currently located at our rental residence, while most operations take place at client sites in Gordons Industrial Area, Port Moresby.
Capitalization Overview
The business has an existing loan with a financial institution and requires external funding. The business owner holds 100% of the company's shares, with no other investors.
Tags:
Small Digital Technology Services Business Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Small Digital Technology Services Business in Port Moresby, Papua New Guinea
·Small Network Equipment Business Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Small Network Equipment Business in Port Moresby, Papua New Guinea
·Small Digital Technology Services Business Seeking Loan
·Lend to Small Digital Technology Services Business
·Small Network Equipment Business Seeking Loan
·Lend to Small Network Equipment Business
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