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    Fishing Businesses Seeking Loan in Port Moresby

    Showing 1 - 1 of 1 Fishing Businesses Seeking Loan in Port Moresby. Lend to a Fishing Business.

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    Fishing 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.
    6.5   Port Moresby
    Run Rate Sales
    USD 120 thousand
    EBITDA Margin
    30 %
    Business Loan
    USD 13 K at 10%
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