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Vegetable Farm Seeking Loan in Lae, Papua New Guinea

Palm oil farmer with 400-hectare plantation and weekly harvest capacity, seeking working capital loan.

Established 1-5 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 12 thousand
Run Rate Sales USD 14.2 thousand
EBITDA Margin 10 %
Industries Vegetable Farms
Locations  Lae
Local Time 7:48 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 119 thousand for 10.0% annual interest, 15 years (Native Currency: PGK 500,000)
Reason: The company seeks a working capital loan to purchase trucks for transporting goods to the oil proces... View More
Collateral Available: USD 9.5 million
Includes physical assets worth USD 9.5 million
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Business Name
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Documents
Business Overview
- The company operates in agriculture industry, cultivating palm oil fruit.
- The fruits are harvested every week.
- A 30m x 30m area yields 5,000 palm fruits every week.
- We are currently operating at full capacity.
- We sell all our produce to a single distributor who processes the fruit into oil.
- Our revenue model is based on payment per metric ton.
- We employ 150 staff members to ensure timely harvesting.
- The company is registered as a private limited entity with an official business name registration.
Products & Services Overview
The business operates in agriculture, cultivating palm oil fruit and selling it to a distributor who processes it into oil, primarily serving one B2B client.
Assets Overview
Tangible assets:
- 400 hectares of owned land (PGK 40 million)
Intangible assets:
- Business name registration.
- Private limited company.
Facilities Overview
We operate from our own 400-hectare plantation of palm fruit trees.
Capitalization Overview
The company has a single shareholder and carries no other debts.
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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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