In Papua New Guinea’s fast-growing industrial and construction sectors, access to the right equipment can make all the difference. From high-capacity generators to heavy-duty forklifts, businesses rely on specialised machinery to keep projects moving forward. But with big investments often comes big upfront costs — and that’s where a new partnership between Mahogany Finance and Spectra Industrial is set to change the game.
Spectra Industrial, a trusted name in the supply of industrial equipment across Port Moresby and Lae, has announced Mahogany Finance as its preferred financing partner. This means businesses looking to purchase from Spectra’s extensive range can now access tailored finance solutions directly through Mahogany Finance.
For many SMEs and larger organisations, the partnership creates a simpler pathway to acquire the equipment they need without being held back by heavy upfront costs.
Mahogany Finance CEO Terry Hall described the partnership as an important step in empowering PNG businesses:
“By working with Spectra Industrial, we can help clients get the quality equipment they need, while offering finance that fits their circumstances. It’s about enabling growth and giving businesses the tools to succeed.”
Spectra Industrial’s General Manager Antony Smith added that the collaboration will deliver real benefits on the ground:
“Having finance available through Mahogany means our clients can move faster and get to work with less hassle. It’s about providing a complete solution — from supply to finance.”
With offices in Port Moresby and Lae, both Mahogany Finance and Spectra Industrial are well positioned to serve clients nationwide, offering the right mix of expertise, equipment, and financial solutions to keep PNG’s industries powering ahead.
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