The primary reason over half of all small businesses fail within the first five years is debt. Actually, the main reason is a failure to maintain an adequate cash flow – which drives them to seek quick loans from high-interest companies that thrive on the misfortune of others. Safeguard your Texas small business from high-interest loan debt with non-recourse factoring from JOBE Services, Inc.
The Short-Term Lending Vortex
High-interest short-term lenders thrive on struggling businesses. Offering easy approvals for title loans or other quick-money solutions, these businesses take advantage of your financial pinch by creating more debt and excessive interest that builds rapidly. Making the minimum payments on these loans while you struggle to recover only escalates your debt load, forcing you further into the short-term lending vortex. It can be almost impossible to escape.
Moreover, your important business assets can hang in the balance if they were placed up for collateral. What happens if your vehicles, equipment or property is seized? Your ability to operate a business and earn revenue is stifled – even eliminated – adding you to the sad five-year failure statistic mentioned above.
Escape the Debt Vortex with Non-Recourse Factoring
The best way to keep your Texas small business operating efficiently is to avoid debt altogether. When a cashflow crisis occurs, leverage your own earnings with non-recourse factoring. JOBE Services, Inc. in Humble, TX has been supporting small and medium-sized businesses across The Lone Star State since 1996. Our non-recourse funding provides a safety net that allows you to get cash fast from your outstanding invoices while we assume the risk.
Non-recourse factoring means we assume the responsibility of collecting your outstanding invoices for work you’ve already completed and billed. And, if your client defaults on payment, you do not owe us anything. A small fee per invoice is all it takes after we approve your invoices for payment, and you can be paid quickly – sometimes on the same day!
Contact JOBE Services, Inc. to learn more about non-recourse factoring for your business. There are no long-term contracts, no hidden fees and no funny business. Just real help for your business when you need us – either once in a pinch, on occasion when needed or as part of your regular monthly accounts receivables.
Call or message us today and speak with a team member to get answers and funding.
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19747 Hwy 59N, Ste 425
Humble, TX 77338
Monday - Friday 8:30AM - 4:30PM