Daily News: March 25, 2013

J D Factors Closes $4.55MM in Factoring Facilities


J D Factors announced it recently closed five transactions, totaling $4.55 million. The factoring facilities consisted of:

  • a $300,000 factoring facility to a transportation company in Quebec.
  • a $100,000 factoring facility to a transportation company in Pennsylvania;
  • a $100,000 factoring facility to a transportation company in Indiana;
  • a $50,000 factoring facility to a transportation company in Illinois; and
  • a $4,000,000 factoring facility to an oilfield transportation company in Texas.