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Industrial 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.
6.6   Port Moresby
Run Rate Sales
USD 14 thousand
EBITDA Margin
30 %
Business Loan
USD 34 K at 9%
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