Getting a government contract can be challenging if you have a small business. Government contract receivables financing can help you while you are waiting for payment from government agencies. Here’s a guide to government contract receivables financing. When Does the Government Pay Contractors? The government often pays contractors based on the urgency of the job […]
Archive for 2022
Invoice Factoring Best Practices
2 years ago
Does your invoice factoring company follow the best practices? Many businesses and organizations express concerns over a third party working with their customers. When choosing a factoring company, it’s important to ensure they follow best practices around their clients’ customers to ensure good relationships. Here are some tips to illustrate best practices to look for […]
How to Get the Best Deal on Your Invoice Payment Terms
2 years ago
Popular accounting software defines invoice payment terms as, “an agreement that sets your expectations for payment, including when the client needs to pay you and the penalties for missing a payment”. Having won the bid and bust a gut to get the job done well and on time, you’d think that the work is done, […]
The Advantages of Factoring Over a Bank Loan
3 years ago
.The advantages of factoring over a bank loan can help your small business stay afloat by allowing you to access payments from your clients instead of relying on financial institutions. In an environment with greater competition, businesses need all the help they can get. With this article, we will explain in detail why invoice factoring […]
Pitfalls to Avoid When Factoring Invoices
3 years ago
1. Your Customer Is Not Creditworthy The success of your factoring application depends less on your creditworthiness and is more dependent on your customer’s credit history. If you submit invoices to us and we find that the clients connected to those particular invoices are not creditworthy, we would not be able to proceed. There is […]
Future Factoring Trends
3 years ago
Times have been a little tough for the factoring industry since the beginning of 2020. But, future factoring trends appear to be moving upwards. As banks tighten up their lending practices, more businesses are likely to turn to factoring to help with their temporary cash flow problems. Here are some of the trends to look […]
When Invoice Factoring Makes the Most Sense
3 years ago
There are a number of business conditions when invoice factoring makes the most sense. Factoring is the ultimate solution for cash flow issues, but it may not be for everyone. How do you know when factoring is the best solution for your business at the present moment? When Invoice Factoring Makes the Most Sense Ask […]
How Factoring Helps Your Business
3 years ago
Factoring helps your business by getting you the cash that was already owed to you quickly. Factoring is a business financing solution to solve all of your cash flow problems. If you are wondering what is factoring and how it can help your business, this blog will answer all of your questions. How Factoring Helps […]
How Kore Capital Factoring Facilities Have Helped Businesses
3 years ago
Kore Capital is a factoring company with a history of success. In the following examples, we have helped many businesses achieve their dreams by providing the capital required for entrepreneurs to scale their companies. See how Kore Capital helps businesses here. How Kore Capital helps businesses—Factoring for Government Contractors Our factoring solutions helped a government […]
How To Choose a Factoring Company
3 years ago
Factoring can save your business! A factoring company can help you to pay off those invoices that are holding you back. Grow or save your business by choosing a reputable factoring company to help fund your business activities. There are some factors you need to look at when choosing a good factoring company. We take […]