Daily News: August 11, 2014

J D Factors Closes Nearly $2MM in Factoring Facilities


J D Factors closes seven transactions totaling $1.8 million. The deals comprised:

  • a $500,000 factoring facility to a transportation company in Florida
  • a $75,000 factoring facility to a transportation company in Ontario
  • a $150,000 factoring facility to a transportation company in Florida
  • a $100,000 factoring facility to a transportation company in Quebec
  • a $75,000 factoring facility to an electrical contractor company in Tennessee
  • a $750,000 factoring facility to a transportation company in Saskatchewan and
  • a $150,000 factoring facility to a transportation company in California.