Consider Factoring in Your Regular Accounts Receivables
Many small and medium-sized businesses across Texas struggle from cash flow problems. These are often service companies that perform their work and then bill the client with an invoice that can have 30-day, 60-day or even 90-day terms. The problem is, you have monthly expenses like payroll, material costs and utilities. How can you regulate cash flow to meet monthly needs?
Many smaller companies turn to factoring when cash gets tight. Factoring is a simple solution that allows you to get the money already owed to you on outstanding invoices right now. The factoring company pays you the amount due on the invoices, minus a small fee, and then collects from your client according to the invoice payment terms.
But with JOBE Services, Inc. in Humble, Texas, you get much, much more. We offer non-recourse factoring for our clients. This means that when we agree to provide the cash you need from your invoices, we assume the risk of non-payment from your clients. If they do not pay for any reason, you keep the money we’ve paid.
Plus, with JOBE Services, Inc., there is:
- One set fee for factoring
- No long-term contracts
- No credit checks
- No collateral necessary
- No hidden fees
- No funny business
Add Factoring to Your Accounts Receivables Process
But factoring is more than a backup solution for when cash gets tight. Many companies across Texas use factoring from JOBE Services, Inc. as a part of their regular accounts receivables process. We handle all their client invoices, providing them a steady, reliable flow of cash to meet expenses and operating costs. And they are freed from debt collection chores.
Could this service relieve you from stressful payment collections while providing steady cashflow? Why not contact us at JOBE Services, Inc. and speak with a team member to get more details? We’d be happy to discuss how factoring could benefit your business in the long term. We’re based right here in Texas, and we believe in honest, forthright conversations. No middle men and no branch offices from some large bank back east.
Give us a call today and discover more about non-recourse factoring as part of your regular accounts receivables process.