Proof Of Product Precedes Pressure

Proof of Product Precedes Pressure

A first note that leads with an instrument, and only later with the cargo, tells us a great deal — usually enough.

The rule is short on purpose. Product is shown. Then the parties talk about how they prefer to settle. Not the other way around. We do not ask a counterpart to commit capital against a description of cargo that has not been shown, and we do not expect to be asked.

This note is about that order, and about the files that try to reverse it.

What we mean by proof

Proof of product is not a ritual and it is not a twenty-page pack sent to a stranger. It is evidence that the cargo exists in the form described, issued by parties who can be reached, and specific to the file at hand. Title, quality, quantity, location — enough that a serious desk can verify what it is being asked to consider.

The documents change with the product and the manner of delivery. A CIF lift and an FOB lift do not produce the same paper. A trial cargo and a twelve-month programme should not pretend to. We do not keep a master list and force every file through it. Transaction-specific documents are prepared for the file in front of us. A procedure copied from an unrelated deal and offered as gospel is not proof. It is theatre.

If we cannot substantiate the allocation, we will not market it. That sentence already lives on How We Work. It is the whole of this note, said the other way.

What pressure looks like

Pressure is the request that arrives before anyone has said who they are. Send your BCL. Issue the SBLC. Open the instrument first; product follows. Or the inverse, from the other chair: pay now, papers later, the tank is ready.

Both versions ask a desk to take financial risk against a story. In a market crowded with templates, that story is cheap to write and expensive to unwind. We have closed the file at that point more than once — not because the other party was unknown to us yet, but because the order of the conversation was already wrong.

A window is more honest than ASAP. A band is more honest than a single heroic number. Settlement discussed after product has been shown is more honest than an instrument demanded in the first paragraph.

What we will and will not do

We will take a first note that names the product, the nature of the interest, the manner of delivery, the window, and how the writer prefers to settle once product has been shown. That is the note described in A Conversation, Not a Template.

We will put the understanding in writing when interest is genuine. Names move only with consent, and only when both sides have said the capacity in which they act. That is the named introduction, not the open chain.

We will not ask for an instrument as the price of seeing the file. We will not send a counterpart into a process whose first step is a financial commitment and whose second step is a promise of paper. If a seller we work with can show product before any instrument is issued, that is a commercial fact worth protecting — not a slogan. If they cannot, we say so, or we do not take the file.

Verification, when paper is issued, is done with the issuing parties. A scan in an inbox is not the same thing as a call to the issuer. We stay with the transaction through that step, through inspection and through delivery. The work does not end when the name has moved.

Why the order matters

The desks we take seriously already know this. They have been on the wrong side of a reversed file, or they have watched one die in a chain of forwards. Proof first is not a moral position. It is how a transaction that can be stood behind usually survives contact with the other side.

It is also how a second lift stays quiet. If the first conversation began with an instrument and a circulating name, the second conversation has nothing solid to sit on. If the first conversation began with product that could be checked, the rest of the year is easier.

How to begin

Please reach out to us with potential opportunities and we shall advise on a case-by-case basis. Write to business@thecristianigroup.com.

Say who you are. Say in what capacity you act. Say what you seek to source or place, the manner of delivery, the scale, the window, and how you prefer to settle once product has been shown. If a relationship already sits with you, name that fact first.

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Named Introduction Versus Open Chain