I’m excited to announce the creation of a partnership with a San Diego-based company, which has existing relationships with manufacturers in Vietnam, to facilitate the delivery of PPE, or Personal Protection Equipment, to health care entities and governmental organizations in need in the United States.
This is not only a win for those organizations, but also investors.
Organizations
We have partnered with HI-TEK, Inc., a privately held company with offices in San Diego, Ho Chi Minh City (Vietnam) and Vientiane (Laos). HI-TEK, Inc. Twenty-five years ago, this company brought Internet domain registration to Vietnam, has established relationships at the highest levels of government in the country as well as the corporate sector.
I have known the founders, Thomas and Lee Johnson, for many years. We have been looking for a way to work together that would benefit not only our respective customers, but society. Now we’ve found it. There are so many questionable deals in PPE. We hope to bring stability by securing the manufacturing capacity. We also plan to keep tight reigns on who can purchase the equipment, restricting sales to health care entities and governmental organizations.
Investors
Entrepreneurial minded investors have a significant opportunity to participate at advantageous terms in the directed investment portfolio of Burns Funding. Step one is for the investor to qualify for an unsecured loan from the Burns Funding’s community of lenders based on the investor’s credit score.
Through the years, Burns Funding has cultivated this community of lenders with the concept that Burns Funding will vet the applicant prior to the application process in exchange for the lender providing the best possible interest rate to the applicant. Once the loan has been made, the funds are transferred into the mutual agreed-upon investment. Three months of payments on the note will be deposited into an escrow account, while the remainder will support the cash flow needs of the investment. The investor then receives then agreed-upon return on investment, which has been guaranteed by Burns Funding.
This model is unique in the lending business. Because of our stellar track record, the community of lenders have made available, in aggregate, more than $1.5 billion in credit. The model is also unique in that the loans are unsecured, and the borrower need not invest any of their own capital in the investment. Rather, they are just leveraging their creditworthiness as a responsible individual.
For more information or to see if you’re qualified to acquire a loan from Burns Funding and participate in this Global PPE Distribution Network, go to burnsfunding.com or send me an email at peterjburns3@gmail.com
It is a great way to generate a decent return, while helping our country and those on the front lines deal with this pandemic.