Daily News: May 8, 2013

J D Factors Closes $650K in Factoring Facilities


J D Factors announced that it funded five factoring facilities, totaling $650,000. The transactions consisted of:

  • a $150,000 factoring facility to a manufacturing company in Quebec;

  • a $75,000 factoring facility to a transportation company in Tennessee;

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

  • a $200,000 factoring facility to a transportation company in British Columbia; and

  • a $75,000 factoring facility to a custom wood finishing company in Ontario.