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AmeriFactors Secures $29.2MM in Factoring Deals in May

AmeriFactors secured a total of $29.2 million in traditional non-recourse factoring for nine clients in May. Brief descriptions of the transactions are outlined below:

  • $14 million to a construction company in Missouri
  • $12 million to a food processor and distributor in New York
  • $1.5 million to a trucking company in Florida
  • $1.2 million to a construction company in Florida
  • $400,000 to a mechanical contractor in California
  • $100,000 to a construction company in Florida

Celebration, FL-based AmeriFactors provides financing solutions to small- and medium-sized businesses in a variety of industries to help those businesses meet rapidly changing market conditions.