amuck-landowner

raindog308

vpsBoard Premium Member
Moderator
I don't know if Burst's financials are quite that exotic.  A lot of big companies factor their receivables - sell them for XX% to a third party.  Seller gets ready cash now, third party makes money on the discount.  Extremely common, particularly in inventory-heavy businesses like retail.  The third parties then bills (sometimes transparently), or does an arrangement where they oversee receivables.

Or they may simply have taken out a loan.
 
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