How Kore Capital Factoring Facilities Have Helped Businesses
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 contractor to win their first three contracts in support of the Federal Government’s Operation Warp Speed. The government contractor turned to KORE after numerous banks declined their credit request. Banks declined their request citing the brief period of time the business had been in existence. Thus, we provided the corporation with a $750,000 factoring facility. Therein, the factoring facility allowed them to stand up and execute on their new contracts.
Use Factoring To Take Your Business To The Next Level With An Accounts Receivable Asset-Based Lending Facility
Another success story we have was with a technology solutions company in Western Pennsylvania. Unfortunately, the company was unable to support its growth. So, Kore Capital offered a $1,000,000 asset-based line of credit for the company to support the company’s growth. Thanks to our services, the company was able to scale two large new contracts. Consequently, these doubled its annual revenue.
Your business could be our next success story. Moreover, our factoring solutions are a quick, affordable, and efficient way to ensure your business achieves long-term success.