Businesses Seeking Loan in Papua New Guinea

- We are a new company involved in transportation and logistics. - Recently entered into business with Mapai Transport Ltd to transfer Chromium from Ramu Nickel-Cobalt Mine. - Currently, we have just 1x Renault semi-tractor trailer. We want to increase our fleet to 10 vehicles. - The capacity of the trailer is 40 tonnes but currently loading 30 tonnes of the product. - We recently received a contract that increased the revenue significantly. - The promoter has over 30 years of experience in the management industry.

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.

- Operating a fresh produce and seafood distribution business in Lorengau, Papua New Guinea. - Start-up business with strong relationships established with local farmers, fishermen, businesses, and government organizations. - Focus on promoting organic and fresh distribution services for the community. - Promoters bring 7 years of valuable experience to the venture. - Extensive network of 90 suppliers supporting the business operations. - Diverse client base, including prominent establishments: 1. Harbourside Hotel, Lorengau. 2. Hornibrook NGI, Lombrum Naval Based Redevelopment Project. 3. Lorengau Provincial Hospital. 4. Seeadla Bay Hotel, Lorengau, Manus Province. - Achieving a 50-50 revenue split between seafood and vegetable businesses. - Possession of essential regulatory licenses, including Intellectual Property (IP) and Inland Revenue Commission (IRC). - We currently have enough revenue to finance the operations and the loan.

- Company offers tailormade local logistics solutions to various clients. - We provide sophisticated transportation, warehousing, distribution services along with 3PL and 4PL solutions. - We pick up and deliver goods from one place to another place for our clients, B2B delivery and offer heavy lifting services. - Have 6 industrial clients. Some of the clients are HGDC, NOC Niugini Oil, PNG Biomass, Niugini Table Birds, QED. - Clients are from industries such as oil, energy, gas, biomass, shipping, carpeting, FMCG sector. - Promoter has in-depth knowledge and experience in logistics and freight industry. - Revenue has dropped due to fewer orders as a result of the pandemic.