J D Factors Provides $10.05MM in Factoring Facilities in May

J D Factors provided $10.05 million in new factoring facilities to 44 new clients in the United States and Canada during the month of May, including:

  • A $400,000 factoring facility for an electrical systems installation company in California

  • A $250,000 factoring facility for a transportation company in Manitoba

  • A $250,000 factoring facility for a fiberoptic installation company in North Carolina

  • A $1.5 million factoring facility for a transportation company in Illinois

  • A $500,000 factoring facility for a staffing company in Quebec

  • A $100,000 factoring facility for a pallet manufacturing company in Texas

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Commercial Chapter 11 Filings Increased 105% in May