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Oil Surveying and Mapping Business Seeking Loan in Port Moresby, Papua New Guinea

Company providing GIS surveying & mapping services and training to SMEs & cooperative societies.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 750
Run Rate Sales USD 7.5 thousand
EBITDA Margin 25 %
Industries Oil Surveying and Mapping + 1 more
Locations  Port Moresby
Local Time 5:46 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.2 thousand for 10.0% annual interest, 5 years (Native Currency: PGK 45,000)
Reason: We are seeking funds to grow our business by renting an office space and expanding our team.
Collateral Available: USD 11.2 thousand
Includes physical assets worth USD 1 thousand
Interested to connect with advisors
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Business Name
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Documents
GPS Mapping
Business Extract
GPS Image
Business Overview
- Business is involved in providing GIS surveying & mapping training and services.
- Business caters to B2B clients.
- Our clients are SMEs and cooperative societies who belong to industries such as agriculture, telecom, disaster management and many more.
- We have catered to 10+ clients.
- Team has 5+ years of collective experience.
- We also provide KIZEN training and advice on a voluntary basis.
- Business was incorporated last year and due to the pandemic, we generated very less revenue.
- We do not have an official office yet but are ready to expand our business and our team.
Products & Services Overview
We train and provide services such as GIS surveying & mapping to SMEs.
Assets Overview
The physical assets that we own are 2 PCs, 1 Canon digital camera, 1 Garmin handheld GPS, 1 laptop, and 1 colour printer.
Facilities Overview
Currently, we do not have office space. Employees are working from home.
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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