Daily News: September 30, 2013

J D Factors Closes Five Factoring Facilities


J D Factors closed five factoring facilities totaling $1.6 million. The transactions consisted of:

  • J D Factors provided a $250,000 factoring facility to a transportation company in North Carolina;
  • J D Factors provided a $100,000 factoring facility to a transportation company in Tennessee;
  • J D Factors provided a $250,000 factoring facility to a transportation company in Virginia;
  • J D Factors provided a $500,000 factoring facility to a wire rope & rigging supply company in California; and
  • J D Factors provided a $500,000 factoring facility to a transportation company in Florida.