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Clients
Apple Computer
Bombardier Aerospace
Dell
General Dynamics
Intel Corporation
Lockheed Martin
NASA - Jet Propulsion Laboratory
Raytheon
Rockwell Collins
Silicon Laboratories
Boeing

Purchase with Confidence: How to Avoid Companies in Financial Distress

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!

  1. 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.

  2. 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.

  3. 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.

  4. Little or no history in industry.  Formaspace has been in business and has backed the same industry-leading warranty since 1981.

 

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

 

 

 

 

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