InvestorsHub Logo
Followers 0
Posts 131
Boards Moderated 0
Alias Born 08/31/2000

Re: bulldop01Toror post# 2501

Thursday, 12/07/2000 10:49:46 AM

Thursday, December 07, 2000 10:49:46 AM

Post# of 15369
Bulldop01Toror: Re: your post 2500

about factoring, I am one of those who SOMEWHAT disagrees. Factoring of APPROVED invoices, while "clean" is usually at somewhat higher than usual bank rates and also carries with it a slight stigma in that it is looked upon by the credit community as a less desirable means of financing than the usual receivables and inventory bank financing.

With sales increasing like they are, mass production, a good, prompt trade payables history and good financial and balance sheet, they should have NO problem getting regular revolving bank financing.

JMHO