KORE Capital Corporation provides $750,000 factoring facility An emerging government contractor won their first three contracts in succession in support of the Federal Government’s Operation Warp Speed. As an early-stage enterprise, the company was unable to obtain a line of credit from a bank. KORE Capital Corporation provided the company with a $750,000 factoring facility. […]
Archive for December, 2020
How a Factoring Company Can Save Your Business
How to use factoring to save your business Being your own boss is great until cash-flow problems threaten the survival of your business. A recent study by the U.S bank attributes the failure of 82% of small businesses and startups to cash flow problems. However, factoring can save your business. If you don’t have enough […]

What is an asset-based loan?
An asset-based loan or line of credit is oftentimes an attractive option for many companies. Perhaps your business has underperformed for a couple of months and you have run into some cash flow problems? Or perhaps you just need capital to finance your expanding business? Whatever the case, an asset-based loan (ABL) could assist. What […]

How factoring saves businesses
Factoring saves businesses by alleviating cash flow problems. Being your own boss is great until cash-flow problems threaten the survival of your business. A recent study by the U.S bank attributes the failure of 82% of small businesses and startups to cash flow problems. So how do you know if you have a cash flow […]