The first few years are the toughest financially for most businesses. You have more money going out than coming in, making it difficult to grow and expand your business. If you are a startup business and need to find a way to increase cash flow, factoring could be the solution. JOBE Services Inc. in Humble, TX, offers Non-Resource factoring for startup businesses to give you the cash you need to grow.
What Is Factoring?
It takes money to make money, but where do you find that continuing flow when you are first starting your business? Waiting for checks to roll in from your clients can be excruciating when you are a startup business, especially when you need to meet payroll to retain quality employees. The last thing you want to do is rack up business debt with loans and credit cards. Factoring gives you a way to get funding for invoices immediately without using credit or going in debt.
At JOBE Services Inc., we specialize in Non-Resource factoring for small to mid-size businesses, including startups, whether you’re a Sub-S, LLC or a DBA. We buy your unpaid invoices and pay you the same day. We take our fee from the invoice value, and there are no processing, application or upfront fees for using our service. Once we verify and approve your invoices, you get paid. We collect the money owed for the invoices from your customers and alert you once they have been paid. We collect the money owed for the invoices from your customers and monitor all unpaid invoices. You can use our service as little or as often as you need, and there are no minimum requirements. Many startup businesses use us as an extension of their accounts receivable department, handling their collections and giving them access to immediate cash flow for their accounts. Lastly, no annual contracts which means you aren’t locked-in to an automatic contract renewal. We believe we should earn your business, not tie it up in a contract.
Growing a new business requires reliable cash flow for payrolls, supplies, new equipment, marketing and other expenses. Get the cash flow you need to succeed with factoring for startup businesses from JOBE Services Inc. Fill out an application online, or contact us directly to learn more about how invoice factoring can benefit your new business in Texas.