Source: Classical Financial Services, LLC
This method allows Classical's clients to garner discounts from suppliers and take bids from a greater venue of suppliers
A client has won a contract with the federal government, a corporation or other entity, but is unable to obtain the credit necessary from his suppliers to perform on the contract or has deliveries of materials or supplies held up because of a late payment by his customer.
Solution: Classical enters into an agreement with the suppliers, with the approval of its client that assures the suppliers of payment from Classical's trustee or lender as soon as payment or funding is rendered to Classical's client. With the permission of Classical's client, joint check arrangements may be provided.
This method allows Classical's clients to garner discounts from suppliers and take bids from a greater venue of suppliers. This feature alone saves Classical's client money and allows him to complete the contract on a timely basis as well as bid on more contracts.
Classical Financial Services, LLC, 540 Oak Court Drive, Suite 400, Memphis, TN 38117. Tel: 800-213-6337; Fax: 800-662-9038.