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FMorgan

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FMorgan

Re: musicalchairs post# 314036

Friday, 04/30/2010 4:16:29 PM

Friday, April 30, 2010 4:16:29 PM

Post# of 346920
M

There is truth that factoring shifts the risk from SPNG to the buyers. Factoring means that the bank is trusting the ability of the buyers to pay as opposed to a line of credit where SPNG's ability to pay and credit rating counts. I get that point. I also know from my business that sometimes you do what you have to do.
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