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.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 3.5 thousand |
| Run Rate Sales | USD 11 thousand |
| EBITDA Margin | 30 % |
| Industries | Timber Trading |
| Locations | Port Moresby |
| Local Time | 10:33 AM Pacific / Port Moresby |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
28 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 35 thousand
Includes physical assets worth
USD
93 thousand
Documents
Company Profile and Documents
(3.1 MB)
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.
- 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
-
Earlier than 15 daysOwner, Saw Mill, Vellore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Building Materials, Noble Park, Individual Investor / Buyer connected with the Business
Tags:
Wood Product Wholesale Company Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Wood Product Wholesale Company in Port Moresby, Papua New Guinea
·Timber Trading Company Seeking Loan in Port Moresby, Papua New Guinea
·Wood Trading Company Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Timber Trading Company in Port Moresby, Papua New Guinea
·Lend to Wood Trading Company in Port Moresby, Papua New Guinea
·Wood Product Wholesale Company Seeking Loan
·Lend to Wood Product Wholesale Company
·Timber Trading Company Seeking Loan
·Wood Trading Company Seeking Loan
·Lend to Timber Trading Company
·Lend to Wood Trading Company
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