Daily News: September 3, 2013

J D Factors Closes $1MM in Factoring Facilities


J D Factors closed six factoring facilities totaling $1 million. The deals consisted of:

  • a $50,000 factoring facility to a transportation company in Tennessee;
  • a $500,000 factoring facility to a transportation company in Pennsylvania;
  • a $50,000 factoring facility to a transportation company in Georgia;
  • a $75,000 factoring facility to a communications company in Arizona;
  • a $250,000 factoring facility to a tool manufacturing company in California; and
  • a $75,000 factoring facility to an aquarium installation & maintenance company in California.