Daily News: May 19, 2014

J D Factors Closes More Than $1MM in Factoring Facilities


J D Factors announced it provided seven factoring facilities totaling $1.875 million. The transactions comprised:

  • a $75,000 factoring facility to a transportation company in Ontario
  • a $150,000 factoring facility to a machining company in Tennessee
  • a $100,000 factoring facility to a transportation company in Ontario
  • a $800,000 factoring facility to a transportation company in Illinois
  • a $300,000 factoring facility to a sugar distribution company in California
  • a $250,000 factoring facility to a transportation company in California
  • a $200,000 factoring facility to a transportation company in Illinois