Expo Holdings Inc. (EXPH)

[DD-214]

I just realized you never responded to my replies to you regarding your several hundred "factoring" posts the other day.. can you remind me what your issue is, if EXPH is using "invoice factoring" as part of their growth strategy, thanks..

oh, btw, this might enlighten you as to some interesting facts regarding "factoring"..

below are quotes from various business finance articles.. all links available should you question the authenticity of these statements..

and you question "factoring"..


*** "How factoring can help the cash flow.
Factoring is used by many Fortune 500 companies and has been the fastest and largest growing trend in business for the past seven years."

*** "Factoring is used by many of the largest corporations in the world. Many of our existing customers do business with companies such as Exxon, Mobil, Wal-Mart, General Motors and many Fortune 500 companies. Factoring is a widely accepted method of business financing"

*** "With over $60 billion of receivables being factored in the United States annually (and that figure is increasing rapidly), factoring is a quick and viable way for companies to finance their growth.

Fortune 500 companies such as IBM, Georgia-Pacific, and Shell Oil use this financial tool."

*** "Who uses factoring?
Factoring is a very old financial tool used by Fortune 500 companies like: Wal-Mart, Honeywell, Scott Paper."

*** "Most fortune 500 companies are familiar with factoring and the need for it."

*** Many Fortune 500 companies use accounts receivable factoring. This type of financing is suitable for many businesses"


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