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Trucking Company Seeking Loan in Londolovit, Papua New Guinea

Provide vehicle hire and transportation services to clients seeking business loan.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 25 thousand
Run Rate Sales USD 38 thousand
EBITDA Margin 40 %
Industries Trucking
Locations  Londolovit
Local Time 3:16 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 66 thousand for 4.5% annual interest, 5 years (Native Currency: PGK 250,000)
Reason: Need funds to purchase a new vehicle to expand my vehicle hire fleet.
Collateral Available: USD 0
Includes physical assets worth USD 66 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview

- First vehicle was hired to St Barbara Mining Ltd to utilize in the Kavieng branch.

- Community Relations Officer for St Barbara Mining Ltd at Kavieng enjoys the fully kitted Toyota Hilux 8G Adventurer vehicle.

- Monthly hire rental payment of PGK 12,000 from vehicle hire to St Barbara Mining Ltd.

Products & Services Overview

Vehicle hire and transportation service to St Barbara Mining Ltd.

Assets Overview

Vehicles, house, office, land area od 160 sqm, computer, and laptop.

Facilities Overview

Have own office building (low decorated cement floor 2 room office space). It is located in the south of the city. It is on 160 sqm area.

Capitalization Overview

- Company has 4 directors.

- Business has no loan.

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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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