Businesses Seeking Loan in Port Moresby

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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.
- 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.
Papua New Guinea based company engaged in processing and sales of specified pieces of timber and logs.
6.2   Port Moresby
Run Rate Sales
PGK 48 thousand
EBITDA Margin
30 %
Business Loan
PGK 120 K at 9% interest
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Travel Agency Seeking Loan in Port Moresby, Papua New Guinea

Travel agency that is been involved in airline e-tickets, hotels and car booking services.
- Local, homegrown travel agency with quick and easy travel solutions for domestic and international flights. - We receive 5-10 walk-in clients on a daily basis but that has reduced recently due to COVID. - We have a good understanding of the travel industry. - We specialize in the issuance of airline tickets with fare quotations. - Business is operated by an ex-airline staff with more 30 years of experience in this industry. - Have partnered with ticket booking agencies to book tickets. - We charge a commission on the tickets booked to generate revenue. - Sales have reduced due to less business and fewer customers as a result of the pandemic.
6.4   Port Moresby
Run Rate Sales
PGK 12 thousand
EBITDA Margin
10 %
Business Loan
PGK 20 K at 8% interest
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Recruitment Agency Seeking Loan in Port Moresby, Papua New Guinea

Business providing permanent employee recruitment services to 20 clients seeking funds to grow the business.
- A business providing recruitment services, based in Port Morseby, Papua New Guinea. - Our business is also into consultancy and accounting services, but we are seeking funds only for the recruitment vertical of our business. - We provide recruitment services to 20 clients. They belong to the construction and IT industries. - Recruit an average of 5 employees per month. We recruit both permanent IT and non-IT professionals. - Employees are sourced from online portals and private network.
5.8   Port Moresby
Run Rate Sales
PGK 240 thousand
EBITDA Margin
30 %
Business Loan
PGK 1 Mn at 20% interest
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Newly Established Seafood Processing Company Seeking Loan in Port Moresby, Papua New Guinea

Fishing and seafood processing business selling it to 5 local dealers now looking to begin exporting.
- A fishing and seafood processing business based in Port Moresby, Papua New Guinea. - We catch and process mud crabs, prawns and fish maw ourselves. We catch an average of 500 kg worth of seafood per day. - Have a processing unit in Port Moresby, where we package and clean the seafood. It has a maximum capacity of processing 1,000 kg per day. - The seafood is then sold to 5 local dealers, who further sell it locally and export them to nearby countries. - Business was started late last year hence we did not generate much revenue for the last financial year. - Physical assets include processing equipment and fishing equipment.
Fishing and seafood processing business selling it to 5 local dealers now looking to begin exporting.
6.6   Port Moresby
Run Rate Sales
PGK 480 thousand
EBITDA Margin
30 %
Business Loan
PGK 50 K at 10% interest
Contact Business

Medical Supplies Company Seeking Loan in Port Moresby, Papua New Guinea

Company procures, stores, maintains and distributes medical supplies from various certified manufacturers.
- We are a medical procurement and distribution company. - Some of our clients include Port Moresby General Hospital and Buka General Hospital. - We procure products from various reputed companies such as Vestfrost Solutions, Elastec and Chengdu Seamaty Technology. - Products in our portfolio include pH meters, oxygen cylinders, blood bags, diagnostic tests, various monitors and dental instruments. - Managing Director is a medical doctor with over 20 years of experience and contacts within the pharma industry.
6.3   Port Moresby
Run Rate Sales
PGK 600 thousand
EBITDA Margin
10 %
Business Loan
PGK 500 K at 10% interest
Contact Business

Freight Forwarder Seeking Loan in Papua New Guinea

Custom clearance and freight forwarding company having 3 major clients.
- We provide services for custom clearance, mainly export and import of goods. - Also provide services for freight forwading. - Currently providing business services to 3 major clients. - This year we have been verbally awarded a contract that is yet to finalize with 2 clients. - We have also served the Government Printing office of Papua New Guinea. - Owner has 5 years of industry experience.
Custom clearance and freight forwarding company having 3 major clients.
6.0   Papua New Guinea , Port Moresby
Run Rate Sales
PGK 252 thousand
EBITDA Margin
8 %
Business Loan
PGK 50 K at 10% interest
Contact Business

Manpower Security Business Seeking Loan in Papua New Guinea

Manpower security service business in Papua New Guinea is searching for a business loan.
- At the moment, the business has not got any clients. - Owner has 4 years of experience. - Will provide security services such as body guards, escort personal, etc.
6.4   Papua New Guinea , Port Moresby
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
PGK 500 K at 20% interest
Contact Business

Telecommunications Business Seeking Loan in Papua New Guinea

Business which provides contracting services to telecommunications companies in Papua Guinea searching for business loan.
Subcontractor for: - Huaweii, PNG office doing genset and microwave installations. -Digicel PNG Ltd, doing minilink installations and OSP for fiber optics.
Business which provides contracting services to telecommunications companies in Papua Guinea searching for business loan.
6.8   Papua New Guinea , Port Moresby
Run Rate Sales
PGK 516 thousand
EBITDA Margin
20 - 30 %
Business Loan
PGK 200 K at 50% interest
Contact Business

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  • How many businesses seeking loan in Port Moresby are listed on SMERGERS?
    There are 8 active and verified businesses seeking loan in Port Moresby listed on SMERGERS as of 27 October 2020.
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