Daily News: July 19, 2012

J D Factors Closes Four Factoring Transactions


J D Factors announced it has completed four factoring facilities totaling $3.3 million. The transactions include:

  • a $2 million factoring facility to an oil transportation company in Texas

  • a $400,000 factoring facility to a transportation company in Illinois

  • a $500,000 factoring facility to a transportation company in Florida

  • a $400,000 factoring facility to a transportation brokerage company in California