Daily News: October 22, 2014

J D Factors Closes More Than $3MM in Factoring Facilities


J D Factors announced it closed $3.2 million in factoring facilities.

The transactions comprised:

  • A $500,000 factoring facility to a transportation company in Quebec
  • A $100,000 factoring facility to an IT consulting company in Illinois
  • A $200,000 factoring facility to a transportation company in Quebec
  • A $100,000 factoring facility to a distribution company in Quebec
  • A $350,000 factoring facility to a transportation company in Nevada
  • A $500,000 factoring facility to a transportation company in Iowa
  • A $450,000 factoring facility to a transportation company in Indiana
  • A $1 million factoring facility to a staffing company in Tennessee