Decades of success are marked with strong leadership and unparalleled
customer satisfaction J D Factors is a company that’s well-versed in growth. For 30 years in Canada, they’ve been helping transportation businesses to prosper by assisting with their cash flow demands through factoring. Their custom factoring solutions give these trucking companies access to the capital necessary for keeping fleets on the road. But what keeps J D Factors accelerating? The company says its long-standing achievements are attributed to unparalleled customer experiences driven by a team of industry-leading professionals.
Spearheaded by strong leadership
Amid rapid changes in the commercial finance industry, solid leadership has helped not only J D Factors to succeed but its clients as well. Tina Capobianco is the Vice President of J D Factors Corporation in Canada. She is responsible for the Canadian operations and portfolio with its head office in Mississauga and offices in Montreal and Calgary. Her extensive career in factoring started in 1992 as an Account Executive and has covered all areas of factoring including operations, credit and underwriting and business development. Tina attests that the client is the cornerstone of commercial finance. Learning how to work with a variety of different types of
clients and industries has provided her with the experience to bring J D Factors to the forefront of commercial finance.
“I enjoy helping my clients succeed in their businesses,” she says. “From my first day as an Account Executive I saw the impact that the financial services I provided could mean the difference between succeeding and failing in their companies.” Tina says she thrives on the success of these clients and in being a part of their achievements. “I enjoy getting to know them, understanding their needs and becoming part of the solution.”
Validated by customer success
J D Factors’ unique approach of creating tailor-made factoring programs is what makes them the premiere transportation factor in North America. Recently, one of their clients reached out to share insight into how J D Factors helped to grow their business.
When deciding to work with J D Factors versus a traditional bank, the client says it chose factoring because of the cash flow. They simply send their invoices with ease and get paid within 24 hours after they are processed, instead of waiting 30 to 60 days for their invoices to get paid directly. “There is no hassle of calling or emailing our customers for payments, as J D Factor looks after all of that,” they said. Unfortunately, in the trucking industry, payment delays from customers are not only a headache, they can also prevent companies from taking their business to the next level. But with J D Factors assisting this client with their cash flow, they were able to secure the capital required to grow their fleet from
only five trucks to more than 300.
In addition, J D Factors recognizes that each business is unique, that’s why they take the time to learn about each of their client’s unique needs and requirements. This individualized attention hasn’t gone unnoticed among their customers.
“They always take the time to listen to us,” the client noted. “We appreciate when they come and meet up with us every few months, to make sure everything is going smoothly.”
Dedicated to your business
Trucking companies like yours depend on a steady cash flow to not only survive but thrive in this fastpaced industry. That’s why J D Factors offers custom factoring solutions for transportation businesses that provide access to the capital required to keep your trucks running. Doing so involves having funds readily available to purchase fuel, conduct maintenance on your fleet, pay your drivers and pay suppliers on time. But delays in payment from your own customers could create a roadblock in financing the above items and seeing any growth in your business.
This is where factoring comes in. In its simplest terms, factoring is the sale of accounts receivable, which gives your business immediate access to working capital, without incurring debt. The purchase and sale of these invoices (which usually bear a net-30 day or longer payment term) at a discount, can remedy a cash-flow dilemma by getting your business back on track.
Along with these industry-leading factoring services, J D Factors’ trucking clients can be approved for a Fuel Card program that generates savings at the pump.
The next opportunity to expand your trucking business could be just around the bend. J D Factors’ expert team will ensure you have the working capital required to take your business to the next level. Connect with the premiere transportation factor in North America, and be prepared to overcome any cash flow roadblocks in your path. Contact J D Factors at 1-800-263-0664 or visit www.jdfactors.com.