Vehicle Rental Business Seeking Loan in Madang, Papua New Guinea
Boat and truck rental company with 1 ongoing contract seeks funds to expand operations.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 43 thousand |
| Run Rate Sales | USD 43 thousand |
| EBITDA Margin | 40 % |
| Industries | Vehicle Rental |
| Locations | Madang |
| Local Time | 2:02 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
72 thousand
for
9.0%
annual interest,
3
years
(Native Currency: PGK 300,000)
Reason: Require funds to start a gas station.
Collateral Available: USD 7.2 thousand
Includes physical assets worth
USD
42 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Certificate of Incorporation
(29.0 KB)
Business Overview
- Specializes in boat and truck rentals.
- Strong partnerships with nearby oil companies.
- Secure ongoing contracts with a major oil producer, ensuring stable income and regular loan payments.
- Fleet includes 1 truck and 1 boat, fully operational.
- Promoters bring 4 years of industry experience.
- Fully licensed, including registration and tax certifications.
- Ambitious plans to expand into the gas station business.
- Future services to include gas and fuel sales by setting up a gas station, lubricants, full-service station, and tire services.
- Strong partnerships with nearby oil companies.
- Secure ongoing contracts with a major oil producer, ensuring stable income and regular loan payments.
- Fleet includes 1 truck and 1 boat, fully operational.
- Promoters bring 4 years of industry experience.
- Fully licensed, including registration and tax certifications.
- Ambitious plans to expand into the gas station business.
- Future services to include gas and fuel sales by setting up a gas station, lubricants, full-service station, and tire services.
Products & Services Overview
Boat and truck rental business catering to local oil companies.
Assets Overview
The assets of the company are: truck 1 and boat 1.
Facilities Overview
The company operates out of a 40*40 m land with a small building in Walium Township. The property belongs to the proprietor.
Capitalization Overview
Sole owner.No loans or debts.
Self funded business.
Tags:
Vehicle Rental Business Seeking Loan in Madang, Papua New Guinea
·Bike Rental Business Seeking Loan in Madang, Papua New Guinea
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·Lend to Vehicle Rental Business in Madang, Papua New Guinea
·Lend to Bike Rental Business in Madang, Papua New Guinea
·Lend to Car Rental Business in Madang, Papua New Guinea
·Vehicle Rental Business Seeking Loan
·Bike Rental Business Seeking Loan
·Car Rental Business Seeking Loan
·Lend to Vehicle Rental Business
·Lend to Bike Rental Business
·Lend to Car Rental Business
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