How Can Factoring Help My Startup Business? America is built on the courage and spirit of entrepreneurs who launch out and start their own small businesses. And yet, a startup business can be a frightful undertaking. Many startups face long periods of initial development and operation with more money flowing out than flowing in. Most…
How Can Factoring Help My Trucking Company? Many businesses operate on an invoice basis, where clients are invoiced for services rendered after the fact. This can create numerous cash flow problems that can leave companies strapped and struggling. Trucking companies are among the types of businesses that invoice clients and wait for payment while struggling…
Factoring Can Help You Pay Your 2020 Business Taxes Tis’ the season to be taking a close look at your year-end business tax situation. Wise business owners will be examining how things stand and making reasonable moves to improve their tax situation before the cutoff date of December 31. Factoring can play a large part…
How Could You Use Cash Right Now? Running a business can be tough. One thing you can always use is a ready supply of cash. How could you use cash right now in your business? And what do you do when you need cash right away? Before you consider selling off important assets or taking…
A Factoring Success Story from JOBE Services Inc. T. Harris Transportation knows that sometimes, hard work just isn’t enough. The recent pandemic has stretched things tight for everyone, and keeping a small business up and running has been a delicate balancing act. Owner Tharon Harris attributes the factoring options from JOBE Services Inc. as a…
Factoring for Startups It takes money to make money. Nowhere is that truer than with a startup company. Capital is needed for equipment, materials, employees and numerous other elements necessary for doing business. Moreover, your initial investment money will not last forever – you need to generate some cash flow fast to keep up with…
If you need cash fast for your business, invoice factoring can be an ideal alternative to small business loans. If your business experiences seasonal lulls, you can receive instant funds from a factoring company to stay afloat. Here are three tips for being successful with invoice factoring. Be a Good Candidate Invoice factoring companies work…
As a business owner, you may be familiar with the concept of factoring but have never really considered it as something that would fit your business needs. Awareness is not the same as understanding, so JOBE Services, Inc. wants to provide you with more information to help you answer the question, “Is factoring right for…
The COVID-19 pandemic brought unprecedented challenges on businesses of every size, but especially small to medium-sized businesses. If you are a business owner, you likely know this first-hand. As many states are moving through reopening phases, and the number of new COVID-19 cases rises and falls, uncertainty is still the current “normal.” It is in…
Reopen Your Business and Serve Your Clients with Factoring The unprecedented challenges brought about by COVID-19 have been trying for everyone, and numerous businesses have been forced to close. Now that many states are issuing new guidelines for reopening, Texas companies may be worried about establishing a regular cash flow to restart and maintain operations.…