Cranberry OTG USA California

  • PPE

    Cranberry OTG USA California

    Posted by Nader on April 24, 2021 at 7:17 AM

    *Cranberry Gloves OTG USA*

    *MOQ : 10 million ( Could be split 5M + 5M )*

    *Price :$24.50*

    *Commission : $0.50 included in the price to be divided equally between the two main sides*.

    SOP :

    •Seller’s mandate issues NCNDA electronically via DocuSign to the involved main participants.

    • Buyer submits the following documentation:

    1. KYC/New Client Form including a brief company profile and link to the buyer’s corporate website if applicable.

    2. Letter of Intent (LOI) for the purchase of the desired product detailing the unit pricing inclusive of commissions, quantity requirements, preferred method of payment, buyer attorney’s name, business address, telephone number(s) and email address.

    3. Irrevocable Corporate Purchase Order (ICPO)

    • Seller’s attorney performs a quick DD of the buyer’s company followed by a direct email to confirm their acceptance of the SOP.

    • Seller’s attorney provides email communication introducing Buyer to Seller’s director of business operations.

    • Buyer provides a soft Proof of Funds (POF) in the form of a Bank Statement and ATV. Please note that the seller does not accept an attorney-signed Affidavit or Letter of Attestation as a form of a verifiable POF.

    • Seller provides LOA straight attesting to lot numbers and they are RWA.

    • Manage SPA, Escrow agreements, and SGS. While this is being done the seller will provide the opportunity for 2 people to go to the warehouse for a soft inspection.

    • SPA and Escrow agreements finalized. Buyer can use their own escrow.

    • The Buyer funds Escrow Account.

    • Buyer manages their trucking company, and the seller gets invoiced for how many trucks pick up per day which is drawn daily from the escrow account.

    • There is a strict timeline for picking up stock from warehouse.

    Nader replied 1 year, 2 months ago 1 Member · 0 Replies
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