Daily News: July 29, 2013

J D Factors Closes More Than $2MM in Factoring Facilities


J D Factors announced that it closed five factoring facilities totaling $2.275 million. The transactions comprise:

  • a $75,000 factoring facility to a staffing company in Texas;
  • a $250,000 factoring facility to a transportation company in Georgia;
  • a $200,000 factoring facility to a metal fabrication company in Illinois;
  • a $1.5 million factoring facility to a staffing company in Quebec; and
  • a $250,000 factoring facility to a manufacturing company in California.