Factoring for Startups
It takes money to make money. Nowhere is that truer than with a startup company. Capital is needed for equipment, materials, employees and numerous other elements necessary for doing business. Moreover, your initial investment money will not last forever – you need to generate some cash flow fast to keep up with expenses like payroll, utilities, supplies and advertising.
Another complication that makes keeping a startup going difficult is that most service-oriented companies invoice for payment to be made after services are rendered. It can often be a week or even a month before payment is received for work you have already completed. When your startup needs that cash now to keep in the black, what can you do?
How Factoring Can Be Vital for Startups
JOBE Services Inc., based in Humble, TX, can provide non-resource factoring for startup businesses to not only keep you afloat, but help you grow. With factoring, we purchase your invoices for completed work and pay you now. No waiting and no hassles. We collect our money when your clients pay the invoice.
We offer this helpful service when you need it – once in a pinch, occasionally when things are slow or as an ongoing part of your accounts receivable. There are no long-term contracts, no hidden fees and no minimum requirements. Once we approve your invoices for payment, you can receive your money the same day.
Reliable Factoring for Texas Startups from JOBE Services Inc.
Get your money when you need it and do not hamstring your startup by waiting for when it is convenient for others to pay their outstanding invoices. Opportunities to grow and expand can come and go, and factoring can provide you the cash to seize opportunity when it comes knocking – and keep the lights burning, the materials flowing and the employees happy.
Call JOBE Services Inc. today at 281-612-8428 or send a message online to discover more about how we can partner with your startup business for stability, growth and success.