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Timber Trading Company Seeking Loan in Port Moresby, Papua New Guinea

Papua New Guinea based company engaged in processing and sales of specified pieces of timber and logs.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 4 thousand
Run Rate Sales USD 13 thousand
EBITDA Margin 30 %
Industries Timber Trading
Locations  Port Moresby
Local Time 12:25 PM Pacific / Port Moresby
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 30 thousand for 9.0% annual interest, 2 years (Native Currency: PGK 120,000)
Reason: To increase the quantity of production due to increase in demand.
Collateral Available: USD 40 thousand
Includes physical assets worth USD 100 thousand
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Business Name
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Business Overview

- Family business that has been running for more than 12 years.

- We started the business on a small scale and now moving into large scale by engaging with the PNG Forest Authority.

- We specialize in logging and milling of timber to supply and meet the local demand.

- Have been granted permission by the Timber Authority (TA) of Papua New Guinea to harvest and process forest products.

- We have permission to harvest 5,000 cubic meters of the forest. We have to renew permission to harvest every year.

- Currently have a high demand for premium kwila and rosewoods in the local market.

- Our clients are contractors, local wood product manufacturers and construction companies.

- We are required by PNGFA to produce 5,000 cubic meters of wood per year as per the AAC (Allowable Annual Cut), this equates to roughly 125 trucks loads per year.

Products & Services Overview

We harvest, process, and sell forest products which is mainly logs, timbers and woods.

Assets Overview

We have an 8 inch Lucas mill, 3 chainsaws, 1 Fuso truck, 1 Toyota Hilux, inventory of kwila and rosewood.

Facilities Overview

Have a rented processing plant and storage unit in Papua New Guinea.

Capitalization Overview
Not Disclosed
Recent Activity
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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.
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