Stupidest factoring sales pitch of the week

“Company Liquidation Set For Dramactic Rise If Debt Factoring Is Not Utilised” (sp)

Must rank as one of the daftest and most inaccurate sales pitches that I have come across. This was the interpretation put on a press release from R3 the insolvency trade body that said that business insolvencies are likely to increase substantially next year.

The rather desperate blogger’s interpretation was that:-

“some of the biggest reasons for business failures is lack the lack of demand for their product or service or the Company’s ability to have sufficient working capital”

How on earth this rather desperate factoring blogger  managed to drum up his very dramatic headline out of that I do not know but let’s hope that the service that he provides to his customers is of higher quality than his blog posts 😀

What do you think?