Quote Originally Posted by abfunders View Post
Not wired. Paybacks are monthly. Not an advance, not a loan. It's what we call a "shticky" financing method.
Ok...so with this "shticky" financing method payments are made from corporate cash to a "non loan" where the cash collateral belongs to a senior lender. Great....I don't care what kind of "shticky" financing you call it.....you did not even bother to get an inter-creditor from the Company's current lender/factor. That being said.....don't ever call our firm again.