We are a Texas-owned business, headquartered in Humble, TX.Convenient online and mobile device access.Negotiate better rates with vendors with cash payments.Quick access to cash for business expenses.Benefits of our factoring services for small to mid-size businesses include: If your customer does not pay the invoice for any financial reason (even bankruptcy), you are not liable. Then, we collect the funds from your customers and accept 100% of the Credit Risk. We buy your unpaid invoices, minus our fee, and you receive funding the same day. At JOBE Services Inc., we offer non-recourse factoring. There are different types of invoice factoring available, with different levels of risk. What is factoring? Invoice or accounts receivable factoring is a business funding option that utilizes invoices to obtain cash. Benefits of Accounts Receivable Factoring is the factoring company that Austin, TX, businesses can trust for resolving cash flow issues. Invoice factoring can offer a solution to cash flow problems without the hassle or detriment of loans and debt. Upfront costs for providing the products and services you offer can drain your accounts while you wait for payments to come in 30 days or longer down the road. Though transportation, trucking, freight, and oil & gas are dominant industries in Houston, you can find invoice factoring companies that serve other industries as well.Is your company in Austin, TX struggling with cash flow issues? Most businesses go through phases of ebb and flow, even when they are thriving. So if you are looking for an invoice company that specializes in oil & gas and freight factoring or one that provides factoring receivable services to a range of industries, Houston likely offers what you are looking for. Invoice Factoring Options as Big as Houston Itself Oil & gas and transportation industries often work together as trucks and rail carts work to carry the oil itself as well as the extensive gear that is needed for the fracking or drilling process. Similar to transportation and freight, the oil and gas industry requires numerous, high cost assets and expenses, including fracking and drilling equipment, pipelines, workers’ payroll, permits, and more. The region is home to more than 3,500 energy businesses. The city and surrounding area houses nearly a third of the nation’s energy exploration and production companies. Oil & gas are big business in Houston and oil & gas factoring keep finances as liquid as the product. Oil & Gas Factoring Power Drilling, Fracking Trucking is generally a thin margins industry so business owners are continuously wrestling with cash flow and working capital issues to stay ahead. Consider the expenses of owning and maintaining a fleet of trucks, fuel, truck drivers’ payroll, and more. The administration costs of trucking and freight businesses in Houston are high. Supporting these forward-driving enterprises are a range of commercial finance companies offering traditional and alternative funding options such as freight bill factoring and account receivables financing for businesses at every stage. Houston is one of the nation’s largest transportation hubs from freight rail carriers to 18-wheel trucks. On the Move with Trucking, Transportation and Freight Factoring in Houston
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