We at Kore Capital are aware of the importance of small businesses to the health of our economy. They stimulate growth, promote innovation, and produce jobs. However, managing cash flow properly remains a struggle for many small firms. Payroll finance changes the game at this point by providing a lifeline to struggling small enterprises. The […]
Archive for December, 2023
The Evolution of Business Factoring: From Ancient Trade Routes to Modern Finance
1 year ago
In this blog, we set out on a trip through time to examine the development of business factoring—a financial strategy that has profoundly influenced trade and industry throughout history. A New Era in Factoring Our trip starts in prehistoric Mesopotamia, when factoring was first introduced about 4,000 years ago. Selling their accounts receivable to factors […]