what makes me doubt this invoice finance is the amount they borrowed against it. normally small companies or companies with cashflow problem use this method of financing as banks won't lend them easily or charge high interest... IMO.
wintronic is private company IMO and their sales revenue is less than to that of CLT... but still hold major stack in CLT... ! so the wantronic may be playing with books otherwise there is nothing wrong in getting serviceable debt from bank instead using invoice finance... IMO... or there is something in account that company doesn't want shareholder to make aware of... IMO....!
