Daily News: July 10, 2013

J D Factors Closes $1.2MM in Factoring Facilities


J D Factors funded six transactions totaling $1.2 million. The factoring facilities consisted of:

  • a $300,000 factoring facility to a solar panel cleaning company in Colorado;

  • a $50,000 factoring facility to a transportation company in New Jersey;

  • a $100,000 factoring facility to a distribution company in Nova Scotia;

  • a $150,000 factoring facility to a distribution company in Ontario;

  • a $350,000 factoring facility to a transportation company in Quebec; and

  • a $250,000 factoring facility to a clothing company in Illinois.