What could better cash flow do for your business in San Marcos, TX? If you are waiting for payments to arrive to cover expenses or make investments in your company, maybe it is time to find a reliable cash flow solution. JOBE Services Inc. is a Texas-based factoring company that San Marcos, TX, small and mid-size businesses can sell their invoices to for the same day funding to fix cash flow problems.
What Is Invoice Factoring?
Invoice or accounts receivable factoring is an innovative financial solution to address cash flow issues. Essentially, factoring is selling your unpaid invoices for immediate cash. If you have customers that pay invoices on 30-day or longer terms, you could be waiting a month or longer to be paid for products or services you have already provided. Invoice factoring gives you an instant cash boost for your business without needing credit approval for a loan or line of credit.
Non-Recourse Factoring for Small Businesses
There are different types of invoice factoring available. At JOBE Services Inc., we offer non-recourse factoring. This means we buy approved invoices outright and accept 100% of the Credit Risk and pay you upfront for those accounts receivable. We have straightforward payment terms and transparent fees, paying a set amount for your invoice and take over its collection. Our professional team provides accounts receivable management, collecting and tracking payments from your customers.
Invoice factoring can be used intermittently for instant cash when needed or as an ongoing solution for accounts receivable and cash flow management. We work with startup companies that need access to quick funds to grow their businesses and with well-established businesses that want to outsource their accounts receivable collection. We provide same day funding with a check, ACH deposit, fuel card or bank wire transfer for approved invoices submitted through our convenient online system.
If your small or mid-size business in San Marcos, TX, could use a cash flow solution, contact us at our office in Humble, TX. We welcome businesses from a wide variety of industries that can benefit from our factoring services. Call us today at 281-540-7601 or contact us online for more information.