I have 20 years’
experience supplying product from China to the rest of the world (New Zealand,
Australia, Singapore, Japan, Hong Kong, Philippines, Taiwan and Korea). My business has been hit very hard by Covid
-19. We were quick to pivot to new products and have now secured our second contract
to supply PPE to the UK NHS via Amazon Vendor Central. My business partner and I had sufficient
cashflow to fund the first of the orders, however the balance of orders (43
million units in 8 weeks) is much too big for us. Do you know anyone looking to
fund PPE out of China? Favourable terms.
We are supplying from
an approved manufacturer (Officially approved by China Government to export
face masks and quality already accepted by Amazon) for weekly shipments
Beijing-London. Orders are confirmed. Payment terms are 15 days FCA Shanghai. End
customer understandably very impatient.
We are already
talking to banks and factoring companies here and in the UK but that’s been a
very slow process. We can’t wait.
What would you
Question submitted 11/05/20 @ 01:15pm
Funding & Finance