To: yorkie
What is “factoring” in this context?
5 posted on
02/25/2008 2:14:32 PM PST by
patton
(cuiquam in sua arte credendum)
To: patton
You send them your pending receivables they send you cash minus a percentage (2-10 %).
8 posted on
02/25/2008 2:16:25 PM PST by
Hazcat
(We won an immigration BATTLE, the WAR is not over. Be ever vigilant.)
To: patton
Selling their receivables. If desperate, some will upon e-call sell immediately to get desperately needed revenue now to pay the bills.
14 posted on
02/25/2008 2:39:53 PM PST by
rockinqsranch
(Dems, Libs, Socialists...call 'em what you will...They ALL have fairies livin' in their trees.)
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