J D Factors Completes Five Factoring Facilities
J D Factors announced it has closed five factoring facilities totaling $900,000.
J D Factors announced it has closed five factoring facilities totaling $900,000.
Accord Financial provided an $8 million accounts receivable, inventory and equipment facility to a branded distributor of bottled water selling to large grocers and mass merchandisers across Canada.
King Trade Capital announcef the closing of a $750,000 annual supply chain finance solution for a Connecticut-based importer of bedding and textiles.
Brookridge Funding announced the recent completion of $2.75 million of funding facilities for five new clients.
JD Factors provided five factoring facilities totalling $1.45MM to various companies in both Canada and the U.S.
King Trade Capital funded $270,000 of a $2 million annual supply chain finance agreement with a coffee bean importer interested in expanding its business with several large public and private coffee roasters in the United States and Canada.
Graystone Capital has provided a $375,000 accounts receivable line of credit to a lighting company.
Republic Business Credit announced a $750,000 receivables purchase facility for a startup Pennsylvania-based distribution company. Proceeds will be used to aid in the company’s restructuring plan.
Republic Business Credit announced a $1 million receivables purchase facility for an Indiana-based engineering and manufacturing company. Proceeds will be used to aid the company’s restructuring plan.
Bacterin International Holdings has secured an accounts receivable credit facility with MidCap Financial and Silicon Valley Bank. The revolving loan credit facility allows Bacterin to borrow up to $5 million through January 1, 2015.