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Sunday, June 26, 2011 10:27:01 AM
You missed the most important part.
Factoring means that Inohealth gets paid for product that they could not sell in the past and Inolife can wait and see if the balance ever gets paid.
This scheme pretty much lays out that Inolife only gets 10% because that is how much Bibby hangs onto till full payment is made.Minus the initial discount for the factoring agreement.
Gonna make a difference !
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