The Conference Board, a nonpartisan, nonprofit entity that routinely analyzes economic indicators released a report on June 13, 2024, that doesn’t bode well for small businesses. The report indicates that inflation and high interest rates have plagued the U.S. economy since early 2023 and contributed to a weak start in 2024. Spending is down and…
If you’re new to the concept of factoring for your Texas business, you may be a bit overwhelmed or even confused. Factoring is a straightforward financial tool to help your company with cash flow problems. Factoring firms like JOBE Services, Inc. use specific terms when talking about factoring, and we want you the know what…
Trucking companies are an integral part of our economy, transporting goods and raw materials across the country. However, the trucking industry is not without its challenges, and financial struggles are one of the most common issues faced by trucking companies. JOBE Services, Inc. provides factoring solutions to help Texas trucking companies weather the most common…
When it comes to financing your business, there are many options available. Startups or small businesses may shy away from loans to avoid debt; but what about a line of credit? And how does this funding option compare with factoring? JOBE Services, Inc. shares more information about factoring vs. a line of credit to help…
Factoring is a financing option that helps businesses to access cash quickly by selling their accounts receivable to a third-party financial institution, known as a factor. Factoring is a popular option for small businesses that need cash to finance their operations and growth. However, many business owners are concerned about the tax implications of factoring…
As a Texas business owner, managing cash flow can be a challenging task. You may face situations where you have outstanding invoices but need cash to pay your bills and salaries or invest in growth opportunities. This is where factoring comes in as a quick and reliable solution to your cash flow problems. What is…
Fleet maintenance companies face a variety of challenges in their day-to-day operations. These challenges can range from the mundane to the complex, and they can significantly impact the efficiency and profitability of the company. Meeting these challenges well can keep your company on the road to success – but failing to meet them well could…
Most small business owners have heard of factoring, and many even understand some aspects of how it works. What may keep you from using factoring is not knowing if you can trust the financial company that offers this service. JOBE Services, Inc. has provided stress-free factoring services for small and medium-sized businesses across Texas since…
As a small business owner, you may face the challenge of finding financing options to help you grow your business. Two popular options you may have come across are small business loans and factoring. While both options can provide funding, they are significantly different in nature, and choosing the right one for your business can…
As the year ends, many business owners begin to think about their end-of-year tax payments. It can be stressful, especially if you haven’t been keeping up with your bookkeeping and finances throughout the year. But there is a solution that can help alleviate some of that stress – factoring. Factoring for Small Businesses Factoring is…
