Daily News: April 16, 2013

J D Factors Funds Five Factoring Facilities


J D Factors announced the funding of $3.65 million in factoring facilities. The deals consisted of:

  • a $50,000 factoring facility to a telecommunications company in Texas;
  • a $50,000 factoring facility to a transportation company in Florida;
  • a $1 million factoring facility to a transportation brokerage company in Illinois;
  • a $50,000 factoring facility to a transportation company in Ontario; and
  • a $2.5 million factoring facility to a staffing company in New Jersey.