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.…
Keep Your Essential Business Funded with Factoring Many businesses that provide important services have been declared essential and allowed to remain open throughout the unprecedented COVID-19 pandemic. While this may seem fortuitous for those businesses, not all of them have been able to operate at full capacity; in fact, some have still seen their level…
Access Resources Fast During a Crisis Factoring has been around a long time as a means for businesses to access resources when they need them the most. During the current COVID-19 health crisis, your small business or startup company may need access to cash now in order to take care of company or employee needs.…
Back to Basics: What You Need to Know About Factoring Does your business bank account balance rise and fall like the tide? Keeping cash flow steady is a challenge, especially for small to mid-size companies. Slow paying customers, seasonal fluctuations, unexpected expenses, on-time payrolls and many other elements can impact your cash flow. Invoice factoring…
Why Choose Non-Recourse Invoice Factoring? Not all factoring services are the same. While factoring services will provide fast cash for invoices, the risks and processes involved vary. The main difference to consider when looking at factoring services is whether they offer recourse or non-recourse factoring. At JOBE Services Inc. (JSI), we provide non-recourse factoring for…
6 Ways Businesses Use Invoice Factoring Is invoice factoring right for your business? You may be surprised at how many companies utilize invoice factoring as part of their financial management and the variety of ways it helps their growth. Most business owners and managers know factoring can give them quick access to cash for their…