UPDATE: Some Retailers Could Follow Wal-Mart's Credit Program - WSJ.com: "While companies with very strong credit are considered the most likely to be able to follow Wal-Mart if they choose, there are others that could supply their credit rating in certain cases for the supplier to obtain bank financing.
'The issue is not how sound the retailer is, it's are they more sound than the vendor,' O'Shea said. 'Even Toy's R Us [which carries a junk credit rating from Moody's] could potentially make a case if it is a vendor with a product it feels will sell very well.'
The program is a twist on traditional funding for vendors that includes going directly to their banks for capital. There is also traditional factoring, in which lenders give manufacturers cash for their receivables and collect on their invoices from retailers."