Factoring to Solve Machine Shop Woes Recent assaults on the oil & gas industry have made this portion of the energy landscape uncertain. Climate concerns, politics, government intervention and ineptitude and more make oil & gas companies, and the businesses that serve them, worry about the future. Local machine shops across Texas that serve the…
Small to medium-sized business owners often face cashflow concerns when payables are due. Avoiding late payments, surcharges, interest and maintaining strong business relationships is critical to business growth. However, as an owner, your customers may not have the same attitude toward paying on time. Late paying receivables impact your ability to meet your obligations, and…
On-Demand Funding for the Digital Age Opportunities for your business can arise in a moment of time, but without sufficient capital on hand, you could miss out. When could you use on-demand funding in your Texas business? Bidding on prospective business Acquiring new technology Investing in infrastructure Procuring materials when available at a discount Hiring…
3 Ways Non-Recourse Factoring Helps Your Business Fluctuating economic conditions affect all types and sizes of businesses, but smaller service businesses can be hit the hardest. Most service companies operate on a slim margin, and a sudden delay in cash flow can be disastrous. This is why JOBE Services, Inc. in Humble, Texas, chooses to…
Keep the Money Flowing in Your Texas Startup Now more than any other time in history, entrepreneurs are seeking to launch new startup businesses. The possibilities created by the Internet have sent new startups soaring. Here in Texas, we do things BIG, and that means launching a startup with plenty of initial resources. The struggle,…
3 Ways Factoring Trumps a Small Business Loan Maintaining a steady cash flow for your small business can be tough. When you serve other businesses and invoice for your services on 30-day, 60-day or even 90-day terms, what do you do when you need cash before the invoices get paid? A Common Cash Shortfall Problem…
Consider Factoring in Your Regular Accounts Receivables Many small and medium-sized businesses across Texas struggle from cash flow problems. These are often service companies that perform their work and then bill the client with an invoice that can have 30-day, 60-day or even 90-day terms. The problem is, you have monthly expenses like payroll, material…
Fund Equipment Upgrades with Factoring Using the latest equipment in your Texas business can make the difference between effective service and timely deliveries or struggling to keep up with the pace of your competitors. Maintaining cash flow plus funds for extra expenses like periodic equipment upgrades can be tough in small and medium-sized businesses. Factoring…
Upgrade Technology to Streamline Operations Keeping up with the speed of modern business requires various forms of technology. Whether you need new software, hardware upgrades or the latest digital tools to streamline your business operations, you need cash to get what you need now. Don’t keep using out-of-date tech due to a lack of available…
Protect Your Credit with Factoring Cashflow problems in your Texas small business can create a dilemma. Where do you turn for the extra cash you need for temporary shortfalls? An all-too-frequent course of action is for smaller businesses to seek short-term loans. Many shady loan agencies exist for just such problems, to take advantage of…