If cash flow problems are impacting your company in Katy, TX, invoice factoring could be a solution. JOBE Services Inc. has been offering financial solutions for our business clients for over two decades. When looking for a factoring company, Katy businesses can trust us for fast funding options. JOBE Services Inc. is a Texas-based factoring service that specializes in cash flow solutions for small and medium-sized businesses.
What Is Factoring?
If you have accounts receivable and need faster access to your outstanding invoice payments, factoring can be a solution. Factoring is a funding option that uses your invoices as collateral to provide your business with quick cash. While there are many different types of factoring options, JOBE Services Inc. offers non-recourse purchasing of accounts receivable. This means eliminating credit risk for our clients. We accept the credit risk on approved accounts and manage the collection and servicing of the invoices we buy.
Our factoring services are designed to give businesses the option to access cash quickly without needing a loan or using credit. This is ideal for startups that may not be able to obtain a business loan or for companies who want to avoid accumulating debt. There are no application or upfront fees because we take our fee from the value of the invoice. You can use our services as-needed for quick cash, and there is not a minimum requirement of invoices factored. Businesses also use our services to manage their accounts receivable. We can handle collecting your accounts receivable, funding the same day you submit your invoices to us through our online client portal.
Invoice factoring can give your company the cash it needs to pay debts, purchase supplies or negotiate better terms with your vendors. If you are interested in factoring for your business in Katy, TX, contact our experienced team at JOBE Services Inc. We offer same day ACH deposits, checks, fuel card or bank wire transfer funding for your outstanding invoices. Call today 281-540-7601 to learn more.