Timber Tract Operations Business Seeking Loan in Lae, Papua New Guinea
Timber processing and domestic sales business with forest road clearance seeks fund for permit renewal.
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 72 thousand |
| Run Rate Sales | USD 8.7 thousand |
| EBITDA Margin | 40 % |
| Industries | Timber Tract Operations + 1 more |
| Locations | Lae |
| Local Time | 4:41 AM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
36 thousand
for
30.0%
annual interest,
2
years
(Native Currency: PGK 150,000)
Reason: Seed capital to renew the timber permit and restart the business again.
Collateral Available: USD 48 thousand
Includes physical assets worth
USD
24 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Legal Document
(5.0 MB)
Business Overview
- Business is involved in cutting, processing and selling of sawn timber and operated by an experienced promoter.
- Timbers are processed as per the order to manufacture flooring board and furniture.
- Monthly production and sales volume is 5,000-10,000 m3.
- Have a partnership with other businesses for export trade and domestic sales of timber product.
- Timber permit has been expired but forest clearance for the road is still valid.
- Operations have stopped since the permit has expired.
- Timbers are processed as per the order to manufacture flooring board and furniture.
- Monthly production and sales volume is 5,000-10,000 m3.
- Have a partnership with other businesses for export trade and domestic sales of timber product.
- Timber permit has been expired but forest clearance for the road is still valid.
- Operations have stopped since the permit has expired.
Products & Services Overview
Processing, cutting, domestic sales and export of sawn timber.
Assets Overview
Motor vehicles, sawmills and related equipment for timber cutting and transportation.
Facilities Overview
Have 5 hectares of forest land leased from the govt on a contract basis. Processing is done in the on-site work area.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysOwner, Building Materials, Noble Park, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Retail Grocery Store, Cork, Individual Investor / Buyer connected with the Business
Tags:
Timber Tract Operations Business Seeking Loan in Lae, Papua New Guinea
·Wood Product Wholesale Business Seeking Loan in Lae, Papua New Guinea
·Lend to Timber Tract Operations Business in Lae, Papua New Guinea
·Lend to Wood Product Wholesale Business in Lae, Papua New Guinea
·Timber Trading Business Seeking Loan in Lae, Papua New Guinea
·Wood Trading Business Seeking Loan in Lae, Papua New Guinea
·Lend to Timber Trading Business in Lae, Papua New Guinea
·Lend to Wood Trading Business in Lae, Papua New Guinea
·Timber Tract Operations Business Seeking Loan
·Wood Product Wholesale Business Seeking Loan
·Lend to Timber Tract Operations Business
·Lend to Wood Product Wholesale Business
·Timber Trading Business Seeking Loan
·Wood Trading Business Seeking Loan
·Lend to Timber Trading Business
·Lend to Wood Trading Business
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