In the recent economic crisis, many of our competitors have become financially distressed – some have already liquidated or declared bankruptcy, leaving customers in a lurch. In the worst cases, customers have made large deposits on products, only to see those companies disappear with their money. Don’t become a victim – recognize the signs of financial distress!
Requiring deposits from creditworthy customers. Customer deposits are a sign that companies are insufficiently capitalized. Formaspace never requires a deposit on orders from creditworthy accounts for delivery in the United States.
Short credit terms. Pay upon order, shipment, or COD payment terms are all signs that a company is running out of cash! Formaspace offers net 30 payment terms to all ongoing relationships with creditworthy customers.
Refusal to provide guaranteed quotes, or providing very short term quotes. Formaspace will ALWAYS provide a guaranteed fixed price quote for products, shipping, and installation, anywhere in the world, good for at least 30 days.
Have you lost money due to one of our competitor’s financial distress? Please let us know how we can help get you the products you need – fast!
Sincerely,
Jeff Turk
CEO, Formaspace Technical Furniture
Formaspace advances the spirit of discovery and creation through the design and manufacture of custom technical furniture, accessories, and services. We develop elegant, practical, flexible solutions for customers in laboratory, technical, drafting, material handling, and industrial environments. Formaspace workbenches, computer workstations, and laboratory tables are designed to meet GSA, industrial, tech, commercial, laboratory, clean room, computer lab, and other custom application requirements. We are happy to design your work benches around LEAN, ISO, 5-S requirements, ADA compliance, Six Sigma, and SEFA standards.