The company is based in United Kingdom, specialising in the production and retail of cosmetics and toiletries. They have established operations in the United Kingdom, offering wholesale of a wide range of products for commercial clients.
• They have been established since 2017
• Employing over 30 staff
• Taxes paid in 2019: €578,016.00
• Profit in 2019: €2,464,175.00
• Wholesale demand from existing large commercial client base
• Readily available sanitiser to be delivered directly from producer
• Access to bottle filling facilities that can be used to fill the sanitiser
• Access to supplies of containers suitable for disinfectant and sanitiser filling
• An established company with proven track record and high turnover
They are at an advantage of being able to fill the demand for hand sanitizers fast, as they have producers at stand-by, ready to supply the necessary quantity of hand sanitiser, and also have access to filling facilities that can fill bottles of 100 ml, 500 ml and 3/5/20 litre capacity and we have existing demand from commercial clients.
This way we will be able to acquire the necessary disinfectants and sanitizersas soon as possible and start delivering these to meet the current shortages.
This will cover the costs of buying the sanitiser, as well as the cost of purchasing the containers to be filled with the disinfectant and sanitiser.
The company has decided to join hands with TFGcrowd to fund this urgently required project and we see this as yet another extension of our existing wide range of products offered to commercial clients that will be carried on even after the current health crisis subsides, as people will become accustomed to using disinfectants and sanitisers and will include them in their everyday routine.
• Taking into account the matter of urgency in the market due to the significant demand for production, we urgently need to raise €250,000 financing, with a minimum target of €125,000
• Annual interest rate of 21.9%
• Pay it out in monthly payouts throughout
• The loan term of 9 months
Interest rate payments start calculating from the day you make your investment!
The following pledges secure the loan:
• Company Pledges
• A guarantee of the Borrower in writing
The loan is offered with the BuyBack Guarantee: thus, if a borrower is late with the repayment of the loan, TFGcrowd will initiate the compensation procedure of both - the invested principal amount as well as accrued interest after 60 days of default.
CNN Business reports that according to Adobe Analytics, which tracks sales at 80 of the top 100 online retailers in the United States, online sales of "virus protection" items like hand sanitizers, gloves, masks and anti-bacterial sprays soared 817% in January and February compared to the same period last year. But overall sales of hand sanitiser alone in the U.S. spiked by 1,400% between December and January. On the same note, CNBC reports that sanitizer sales in Italy soared by 1,807% in the week ending February 15, compared to the same week a year earlier. UK sales of hand sanitiser were up a comparatively modest 255% in February from a year earlier with analysts predicting that the sales will not peak for quite some time.
At the same time The Financial Times is reporting that stocks of a vital hand sanitiser ingredient, namely isopropyl alcohol are running low in Europe due to the extreme surge in demand for hand sanitisers because of the coronavirus pandemic. Consequently, prices of isopropyl alcohol have more than doubled in the past two weeks andprices for hand sanitisers have spiked with stores being forced to resort to rationing in order to serve as many customers as possible.
Restaurants, shops and public toilets are beginning to equip their facilities with sanitising hand gels in order to protect their staff and customers, while World Health Organisation is advising people to wash their hands regularly, as well as use the disinfectants to ensure proper hygiene and drive down the spread of the deadly virus.
This drives the consumption of hand sanitiser to an unprecedented level and leaves businesses struggling to produce the necessary quantities in face of the increased consumption as well as panic buying. Anyone with the ability to get their hands-on large volumes of hand sanitiser is at a huge advantage to fill this demand and be able to earn substantial profits. With BBC reporting that even the owner of Luis Vuitton starting to produce hand sanitisers, one thing is clear – this is a win-win situation in the market.
|13.05.2020||Where has all the hand sanitiser gone?|