Digital Technology Services Businesses Seeking Loan in Port Moresby

Located in Port Moresby, this ICT company has been operational for 14 years, specializing in providing technology solutions to both government and private sector clients. - The firm has established a solid client base, with 20 active clients, including 9 government agencies, 4 state-owned enterprises, and 7 private sector companies. - The company reported an annual revenue of PGK 2 million 6 years ago, highlighting its potential profitability and market demand. - Following the COVID pandemic, the company faced a revenue downturn, leading to workforce downsizing and relocation to a temporary office. - With anticipated demand for services and project implementations expected to rise next year, the firm is seeking additional capital to re-establish a full-time workforce and formal office space. - The company is working on developing patents and new software solutions, indicating a focus on innovation and the potential for future growth. - Revenue is generated through monthly billing from contract clients and service-based billing for regular clients, demonstrating diverse income streams within the ICT landscape. - The business is currently registered but requires renewal, indicating a timely opportunity for investors to support its growth and formalization efforts in the ICT sector.

Located in Port Moresby, this ICT company has been operational for 14 years, specializing in providing technology solutions to both government and private sector clients. - The firm has established a solid client base, with 20 active clients, including 9 government agencies, 4 state-owned enterprises, and 7 private sector companies. - The company reported an annual revenue of PGK 2 million 6 years ago, highlighting its potential profitability and market demand. - Following the COVID pandemic, the company faced a revenue downturn, leading to workforce downsizing and relocation to a temporary office. - With anticipated demand for services and project implementations expected to rise next year, the firm is seeking additional capital to re-establish a full-time workforce and formal office space. - The company is working on developing patents and new software solutions, indicating a focus on innovation and the potential for future growth. - Revenue is generated through monthly billing from contract clients and service-based billing for regular clients, demonstrating diverse income streams within the ICT landscape. - The business is currently registered but requires renewal, indicating a timely opportunity for investors to support its growth and formalization efforts in the ICT sector.