Is your company in Austin, TX struggling with cash flow issues? Most businesses go through phases of ebb and flow, even when they are thriving. Upfront costs for providing the products and services you offer can drain your accounts while you wait for payments to come in 30 days or longer down the road. Invoice factoring can offer a solution to cash flow problems without the hassle or detriment of loans and debt. JOBE Services Inc. is the factoring company that Austin, TX, businesses can trust for resolving cash flow issues.
Benefits of Accounts Receivable Factoring
What is factoring? Invoice or accounts receivable factoring is a business funding option that utilizes invoices to obtain cash. There are different types of invoice factoring available, with different levels of risk. At JOBE Services Inc., we offer non-recourse factoring. We buy your unpaid invoices, minus our fee, and you receive funding the same day. Then, we collect the funds from your customers and accept 100% of the Credit Risk. If your customer does not pay the invoice for any financial reason (even bankruptcy), you are not liable. Benefits of our factoring services for small to mid-size businesses include:
- Quick access to cash for business expenses
- No Credit Risk on approved debtors
- Negotiate better rates with vendors with cash payments
- Easier accounts receivable management
- Convenient online and mobile device access
- We are a Texas-owned business, headquartered in Humble, TX
If you are looking for ways to improve your cash flow for your business in Austin, consider invoice factoring from a Texas-based factoring company. Austin, TX, businesses can count on JOBE Services Inc. for risk-free, straightforward accounts receivable factoring to get the cash they need to grow their company. Call our office at 281-540-7601, or contact us through our website to find out more about factoring for your businesses.