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Geophysical Service Company Seeking Loan in Port Moresby, Papua New Guinea

Company providing innovative geological and environmental engineering services to diverse clients seeks funds for expansion.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 280 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 10 %
Industries Geophysical Service + 1 more
Locations  Port Moresby
Local Time 9:06 AM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 80 thousand for 10.0% annual interest, 3 years (Native Currency: PGK 300,000)
Reason: Buy other specialised equipment to boost our growing demand for geotechnical engineering.
Collateral Available: USD 500 thousand
Includes physical assets worth USD 800 thousand
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Business Overview

- Business offers comprehensive geo-engineering services. Our services fall into two main opportunities of geotechnical engineering services and construction monitoring/laboratory testing.

- We provide skilful and high-quality output with the best expertise.

- Have served many clients so far and worked on small to big projects.

- Each project is customized to our client and its scope. Length, depth, reach, and cost of each project is unique.

- Our clients are developers, construction companies, mining fields.

- We currently have 2 geologists, a geophysicist, cartographers, a civil engineer and a geotechnical engineer. We further have economists, an accountant who are ready to be engaged as and when the firm engage additional clients or on-demand. We have a number of professional highly experience geoscientists and engineers who are readily available to be engaged.

- Need funds to buy more machinery and equipment to work on new projects.

Products & Services Overview

- Our geotechnical engineering services include:

* Exploration and characterization of soil and rock.

* Surface and groundwater evaluation.

* Shoring requirements and analysis.

* Slope stability and landslide analysis.

* Forensic studies of failures and/or distress.

- The services we provide for construction monitoring and laboratory testing include:

* Compaction monitoring and testing structural fill.

* Evaluation, tieback, and shoring monitoring.

* Pile and pier installation monitoring.

* Laboratory analysis of soil, rock, and water properties.

* Load testing, and settlement analysis.

Assets Overview

* Office land and building with fully equipped construction testing laboratory facility.

* 3 vehicles.

Facilities Overview

The company has its main offices in National Capital District, Port Moresby. The facilities include a soil/rock and water testing lab, conference rooms and office spaces.

Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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