Vehicle Rental Business Seeking Loan in Port Moresby, Papua New Guinea
Business with 2 vehicles renting to corporate clients for transport and logistics services seeks funding.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 34.4 thousand |
| EBITDA Margin | 25 % |
| Industries | Vehicle Rental |
| Locations | Port Moresby |
| Local Time | 1:48 PM Pacific / Port Moresby |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
36 thousand
for
9.0%
annual interest,
2
years
(Native Currency: PGK 150,000)
Reason: To expand the fleet by purchasing more vehicles.
Business require limited loan only to purchase new...
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Collateral Available: USD 48 thousand
Includes physical assets worth
USD
60 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
IRC
(4.9 MB)
Registration Certificate
(166.2 KB)
Business Overview
1. The business provides transport and logistics services and rental services in Port Moresby, Papua New Guinea.
2. Company has 4 employees and has just started operations and requires additional capital to expand its reach to other parts of the country.
3. The company offers transport services, and vehicles for hire for logistic services, and payments are directed to the company’s account.
4. All vehicles are loaned to corporate clients for various logistic services.
5. Business seeks funding to grow and expand its operations to other parts of Papua New Guinea.
6. We have 2 vehicles for now and they are rented to 2 corporate clients.
2. Company has 4 employees and has just started operations and requires additional capital to expand its reach to other parts of the country.
3. The company offers transport services, and vehicles for hire for logistic services, and payments are directed to the company’s account.
4. All vehicles are loaned to corporate clients for various logistic services.
5. Business seeks funding to grow and expand its operations to other parts of Papua New Guinea.
6. We have 2 vehicles for now and they are rented to 2 corporate clients.
Products & Services Overview
Transport services.Vehicle for hire for logistic services.
Payments are directed to the company's account.
Assets Overview
Office space as per operational requirements along with two land cruisers.
Facilities Overview
Currently there are two Toyota Land Cruisers fully kitted for business operations.Business is being operated from a promoter owned facility.
Capitalization Overview
Solely funded by the only owner.Accounts opened with the bank and further funding will be through small and medium enterprise loan (SME).
No loans at the moment.
Tags:
Newly Established Vehicle Rental Business Seeking Loan in Port Moresby, Papua New Guinea
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·Newly Established Car Rental Business Seeking Loan in Port Moresby, Papua New Guinea
·Lend to Newly Established Vehicle Rental Business in Port Moresby, Papua New Guinea
·Lend to Newly Established Bike Rental Business in Port Moresby, Papua New Guinea
·Lend to Newly Established Car Rental Business in Port Moresby, Papua New Guinea
·Newly Established Vehicle Rental Business Seeking Loan
·Newly Established Bike Rental Business Seeking Loan
·Newly Established Car Rental Business Seeking Loan
·Lend to Newly Established Vehicle Rental Business
·Lend to Newly Established Bike Rental Business
·Lend to Newly Established Car Rental Business
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