As a Texas business owner, managing cash flow can be a challenging task. You may face situations where you have outstanding invoices but need cash to pay your bills and salaries or invest in growth opportunities. This is where factoring comes in as a quick and reliable solution to your cash flow problems.
What is Factoring?
Factoring is a financial transaction where your business sells its accounts receivable (invoices) to a third party like JOBE Services, Inc. at a discount. We then take over the responsibility of collecting your outstanding payments from your customers, providing your business with quick cash for its immediate needs.
Factoring with JOBE Services, Inc. in Humble, TX, is simple:
- Apply and submit your invoices for approval.
- We make a determination to purchase your invoices for funding within 24-48 hours.
- Approved invoices receive fast funding by wire, direct deposit or check payment.
What Are the Benefits of Factoring with JOBE Services?
Why should you consider factoring with us when you need quick cash for your Texas business? Since 1996, JOBE Services, Inc. has provided businesses with:
- Quick cash: Factoring provides immediate cash to your business, allowing you to meet your short-term cash flow needs.
- No debt: Factoring is not a loan, so your business does not incur any debt.
- Improved cash flow: Factoring allows your business to convert your accounts receivable into cash, which can be used to pay bills and salaries or invest in growth opportunities.
- Outsourced collections: Factoring eliminates the need for your business to handle collections, saving time and resources.
- Credit protection: We offer non-recourse factoring, which means we assume the risk of non-payment by your customers.
Plus, with JOBE Services, there are no hidden fees, no long-term contracts, no minimum on invoices or dollar amounts, to outsourcing to big banks and no funny business. You choose to use our factoring services one time in a pinch, occasionally when needed or as part of your regular monthly accounts receivable process. We are here to help your business thrive, not saddle it with more burdens.
Is Factoring Right for Your Business?
Factoring is a suitable option for businesses that have outstanding invoices from creditworthy customers but need quick cash to meet their immediate needs. After the initial application, approved invoices can be accepted and funded as quickly as the same day. And JOBE Services offers convenient online desktop and mobile account access solutions and multiple funding options to fit your needs and preferences.
Non-recourse factoring is a quick and reliable solution for businesses that need a fast cash flow boost. It provides immediate cash, eliminates the need for collections and offers credit protection. How could factoring help your small to medium-sized business today? Call JOBE Services, Inc. at 281-540-7601 and speak with a team member about your current business cash flow needs. We are always happy to offer solutions and explain our services.
Posted on behalf of
19747 Hwy 59N, Ste 425
Humble, TX 77338
Phone: 281-540-7601
FAX: 281-540-7614
Email: customerservice@jsifactoring.com
Monday - Friday 8:30AM - 4:30PM