Business Overview
- Business is involved in cutting, processing and selling of sawn timber and operated by an experienced promoter.
- Timbers are processed as per the order to manufacture flooring board and furniture.
- Monthly production and sales volume is 5,000-10,000 m3.
- Have a partnership with other businesses for export trade and domestic sales of timber product.
- Timber permit has been expired but forest clearance for the road is still valid.
- Operations have stopped since the permit has expired.
Products & Services Overview
Processing, cutting, domestic sales and export of sawn timber.
Assets Overview
Motor vehicles, sawmills and related equipment for timber cutting and transportation.
Seeking Loan
USD
40 thousand
for
30.0%
annual interest,
2
years
(Native Currency: PGK 150,000)
Reason: Seed capital to renew the timber permit and restart the business again.
Collateral Available: USD 50 thousand
Includes physical assets worth
USD
26 thousand
In talks with 2 Investors
Contact Business