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 major reason his business is still solvent and operational.
Quoting a feature article from FOX 26 Houston, JOBE Services Inc. “…has made the difference between staying in business and closing up shop.”
How Factoring Helps Small Businesses
Factoring is a financial option where JOBE Services Inc. gives you cash for your outstanding invoices now, minus a small fee. Instead of waiting for weeks or even months for your clients to pay invoices for services rendered or goods provided, you get your money now and JOBE Services Inc. collects the invoice money from your creditors.
This is a perfectly legal and common financial practice for many small to medium sized businesses to maintain cashflow for necessary items like payroll, maintenance and materials. Tharon Harris at T. Harris Transportation sees the versatility of factoring and how it helps his business in numerous ways.
“Dealing with a factoring company frees up capital to where you can keep the maintenance going; make sure your drivers are getting paid on time,” he says. “It also makes it to where, if you want to grow like I’ve been growing, you can go out and purchase new equipment.”
JOBE Services Inc. in Humble, Texas
While the FOX 26 Houston article warns that some factoring companies may place an unnecessary burden on small businesses with high rates or other heavy-handed terms, Humble, Texas-based JOBE Services Inc. is different. Factoring from JOBE Services Inc. features:
- No hidden fees
- No long-term contracts
- No minimum amount required
- No credit risk
- Multiple funding options
- Immediate access to capital
- Online desktop and mobile access
With JOBE Services Inc., you can use our factoring services once in a pinch, occasionally when needed, or as a regular part of your financial business planning. The choice is yours. Call us today at 281-949-7618 to ask about how our factoring services can help your small business thrive.