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05-15-2018, 10:08 PM #1
Po financing
Looking for a lender that specializes in PO FINANCING!
CLIENTS REQUEST BELOW;
Here is an order we’re looking at – just found out the client is going to run the sale on their site tomorrow, so an order is definitely in the works. Please let me know?
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Client: Touch of Modern https://www.touchofmodern.com/sales
Factory: Airwheel China http://www.airwheel.net/
Products:
Helmet: http://www.airwheel.net/home/product/c8
E-Bike: http://www.airwheel.net/home/product/e3
Scenario:
Touch Of Modern will launch a flash sale on their site for the above 2 products starting May 16 for 4-5 days.
At the end of the flash sale they will issue a PO to us for the accumulated orders from their members.
Touch of Modern has offered to pick up the cargo FOB China. We need to cover ocean freight only from China to CA.
Touch of Modern’s warehouse is in the Bay Area (Union City, CA)
Terms of Payment with client are Net 30 days upon pick up of goods.
Terms of Payment with factory are COD upon goods ready for pick up.
Numbers – estimated quantities:
Product Potential Order FOB Cost Amount FOB Sale Amount
Helmet 50 units $100.00 $ 5,000.00 $142.00 $ 7,100.00
E-Bike 100 units $400.00 $40,000.00 $490.00 $49,000.00
$45,000.00 $56,100.00
Quantities/amounts may vary based on final numbers from the flash sale.
This is our first order with them. Other products such as bracelets, etc are also being considered for future flash sales.
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05-16-2018, 11:13 AM #2
Reputation points: 27404
- Join Date
- Dec 2015
- Location
- Texas
- Posts
- 552
So what are you needing for your client?
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05-16-2018, 10:58 PM #3
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