Daily News: June 3, 2013

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


J D Factors announced the closing of five new factoring facilities totaling $1.1 million. The transactions consisted of:

  • a $250,000 factoring facility to a transportation company in Illinois;

  • a $100,000 factoring facility to a transportation company in Quebec;

  • a $300,000 factoring facility to a transportation company in Illinois;

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

  • a $300,000 factoring facility to a transportation company in Ontario.