InvestorsHub Logo
Followers 12
Posts 537
Boards Moderated 0
Alias Born 08/27/2014

Re: 1337trades post# 17558

Wednesday, 10/29/2014 12:17:16 PM

Wednesday, October 29, 2014 12:17:16 PM

Post# of 84325
As you stated previously, factoring companies like Transfac are very risk aversive when it comes to accounts receivable financings. For them to continue their relationship with Labor SMART speaks volumes as to the type of business Labor SMART is doing. Additionally, the IRS agreed to take a subordinate position on its lien, a true rarity.

Again, it speaks volumes to the strength of Labor SMART's business model and what others think of their business at hand.