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randytexcobb

01/30/15 10:53 AM

#21897 RE: Rhenarium #21896

I think this deal is so much more about being able to collect in a timely manner. They had to factor their take from TPS because of the ridiculous amount of time it took to collect.
If you look at this as an alternative to factoring the TPS revenue, it makes great sense. Creative financing if you will.
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Lighthouse

01/30/15 10:54 AM

#21898 RE: Rhenarium #21896

No factoring... Plain and simple... Huge win for PXYn