A United States State Government entity needed 1.6 Million N95 Masks, and they wanted a very specific brand. The small PPE Business Supplier who had won the bid to provide the masks needed a complete supply financing solution to buy and subsequently deliver the goods. We worked with the Buyer to help them qualify for approximately $3 Million in Purchase Order Trade Finance to help them grow their business.
20-Count Boxes of 3M® Model 1860, N95 Masks
Premium-quality N95 respirators (facemasks), NIOSH certified, able to filter at least 95% airborne particles that are non-oil based.
We got a call from Buyer with a challenge: he had successfully been awarded a fulfillment contract with a regional U.S. State Government entity to provide over a million N95 masks. The problem: He had never purchased so many units at one time. Although he had a history of providing PPE for over a year, his prior transactions had all been much smaller. This was the first time the opportunity was literally bigger than his bank account could manage.
Through a series of conversations, we were able to provide the Buyer the needed consultation, including assembly of all needed supplier certification and documentation to help them gather and submit the necessary paperwork to apply for, and be approved for a PPE transaction credit line.
After the Buyer executed the necessary application paperwork, and submitted all the required documents, we remained available for support and questions as they worked their way through the underwriting process. After a tremendous amount of hard work on all sides, the Buyer was successfully approved for their sought after financing. In an ironic twist of events, the State Agency chose not to sign for the financing option via the Buyer to receive the goods as originally planned, instead deciding to pay for the masks outright with the Supplier. The masks were delivered exactly as needed, and as they say, "All's well that ends well!"
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We live to provide elite web design and digital marketing solutions with maximum efficiency for your success.
We also love doing our part to serve our community and the world during the current global health pandemic!
Click Here to learn about how we've tapped our professional resources and dug deep in our business network to provide direct trade desk access for wholesale supply of Personal Protective Equipment (PPE) including N95 Masks and Nitrile Gloves for our clients, our friends, and communities worldwide.
Together we'll outperform the competition (and outsmart the virus) to leave you with a smile to remember.
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P.S. We're doing our part to HELP in the Covid-19 crises! If you're looking for life saving masks, gloves and other Personal Protective Equipment (PPE), we'd be honored to solve your supply equation!
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