Daily News: June 5, 2014

J D Factors Closes Six Factoring Facilities


J D Factors announced it closed six factoring facilities totaling $775 million. The transactions comprised:

  • a $100,000 factoring facility to a transportation company in Ontario
  • a $100,000 factoring facility to a wire distribution company in Texas
  • a $200,000 factoring facility to a nutritional supplement distribution company in Ontario
  • a $75,000 factoring facility to a transportation company in Texas
  • a $100,000 factoring facility to a maintenance company in Illinois and
  • a $200,000 factoring facility to a transportation company in Quebec