I may be wrong on this but I thought the factoring arrangement...

I may be wrong on this but I thought the factoring arrangement in on receivable invoices. In which case they don't get money from the factoring till the goods are delivered and invoices are issued.
If they can't afford to pay the factories then the factoring is of no immediate use to them.

As I said I may be wrong and am happy to stand corrected.

Cheers