Daily News: June 24, 2013

J D Factors Funds $1.95MM in Factoring Facilities


J D Factors announced it has funded $1.95 million in factoring facilities to five borrowers located in the U.S. and Canada.

The transactions consisted of:

  • a $150,000 factoring facility to an antenna tower company in Texas;

  • a $750,000 factoring facility to a transportation company in Ontario;

  • a $200,000 factoring facility to a staffing company in Quebec;

  • a $100,000 factoring facility to a transportation company in Nova Scotia; and

  • a $750,000 factoring facility to a staffing company in California.