Daily News: May 8, 2014

J D Factors Closes Nearly $2MM in Factoring Facilities


J D Factors announced the closing of six factoring facilities totaling $1.85 million. The transactions comprised:

  • a $300,000 factoring facility to a transportation company in Illinois
  • a $100,000 factoring facility to a transportation company in Alberta
  • a $300,000 factoring facility to a transportation company in Illinois
  • a $250,000 factoring facility to a staffing company in Quebec
  • a $750,000 factoring facility to an oil & gas sales company in Michigan
  • a $150,000 factoring facility to a cheese spread manufacturing company in Pennsylvania