Need help?

Stationery Startup Seeking Loan in Buka Town, Papua New Guinea

Buka Town-based supplier of office stationery, and secretarial services to institutional clients, seeks funding.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 54 thousand
EBITDA Margin 0 - 10 %
Industries Stationery + 1 more
Locations  Buka Town
Local Time 1:19 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 11.2 thousand for 10.0% annual interest, 2 years (Native Currency: PGK 50,000)
Reason: Seeking funding to rent a dedicated office space and purchase inventory in advance, enabling us to f... View More
Collateral Available: USD 2.23 thousand
Includes physical assets worth USD 2.23 thousand
Interested in connecting with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Company Profile
Business Overview
- We are a Buka Town-based business specializing in office supplies like stationery, consumables, furniture, ICT hardware and software, uniforms, and printing services.
- After just one year in operation, the business has built solid relationships with 8 clients; 4 are actively buying from us, while 4 are awaiting funds.
- Our customers include resellers, schools, and various government institutions.
- Products are sourced from trusted distributors based in Port Moresby on a pre-order basis to meet client needs.
- We cater to clients across the Buka region, ensuring timely delivery and excellent service.
- The business is registered with the IPA and holds taxpayer registration, making it a legitimate and trustworthy partner.
- With a focus on quality and reliability, we aim to expand our client base and product offerings as the business grows.
- We're committed to providing affordable solutions that meet the diverse needs of our customers while driving profitability.
Products & Services Overview
The business supplies uniforms, inks and toners, stationery, office consumables, printing services, and secretarial services to resellers, schools, government institutions, and other organizations.
Clients place orders and make payments, after which the business sources the required products from distributors in Port Moresby and arranges delivery to meet their needs.
Assets Overview
Physical assets include:
- 1 HP laptop.
- 1 Canon camera.
- 1 HP DeskJet colour printer.
- 1 A3 laminating machine.
- 2 sets of office furniture and fixtures.

Intangible assets include:
- Established customer relationships.
- Supplier network.
Facilities Overview
Currently operating from home office. We need a business loan or finance to capitalise on for an dedicated office space & stocks.
Capitalization Overview
There are no outstanding loans or debts. The business has a single owner who holds 100% ownership. There are no external funders, and the business operates on a cash-on-delivery basis.
Recent Activity
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.
Contact Business
1 Investor contacted this Business this month. Register below to connect now!
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.
You might also be interested in these businesses
    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

    Chat with Us
    Welcome to SMERGERS