Daily News: May 15, 2013

J D Factors Closes $1.65MM in Factoring Facilities


J D Factors announced that it provided five factoring facilities totaling $1.65 million. The transactions consisted of:

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

  • a $500,000 factoring facility to a manufacturing and distributing company in Ontario;

  • a $350,000 factoring facility to a clothing company in California;

  • a $400,000 factoring facility to a beverage distributing company in Maryland; and

  • a $250,000 factoring facility to a transportation company in California.