J Cosmo Newbery

Previous | Next

Menu to this story | Nigerian Menu | Main menu

J Cosmo begs for refinancing...


Dear Mrs Esther,

I have contacted the producer and the buyer and all is proceeding smoothly so far except for one small issue.

The buyer has asked for 600 cartons of vaccine instead of the expected 400.

Correct me if I am wrong but I believe that will require an upfront payment of $600,000.

That is beyond my reach. At least until after the October sales.

Can the shipment be broken into smaller parts so that each shipment is financing the following one.

Better still, if you could intercede with Dr Blore to arrange 30 day credit we could then use Mr Alhaji Usman Abubakar's payment to settle with Dr Blore.

I must be aware of the cash-flow issues through all my companies and not outlay such an amount in total.

Please, see what you can do.

God bless you.

Yours sincerely,

J Cosmo Newbery.


Previous | Next