Factoring can protect your business from bank collapse. Not only are banks less likely than they have ever been to extend credit to small enterprises, but the current state of the financial system makes obtaining credit from a bank more difficult. Depending on your circumstances factoring may be a more viable solution. Why Factoring Is […]
Business Funding
Using Invoices for Collateral Loans
2 years ago
With a looming recession and rising cost of inflation, your business may be facing financial challenges. Instead of relying on a bank, you can now use your invoices for collateral loans. Here’s how invoice financing can help keep your business out of debt, or grow your business regardless of the challenges ahead. What is Invoice […]
How To Retain Employees With Payroll Financing
2 years ago
Payroll financing will help mitigate the great resignation businesses in America continue to experience. A survey by the Pew Research Center indicates that low pay, feeling disrespected at work, and few opportunities for advancement were the main reasons for Americans leaving their jobs in previous years. What can you do to retain your employees? Pay […]
How Payroll Funding Has Been Helping Staffing Agencies
2 years ago
Staffing agencies face a lot of financial challenges in an unstable economy. Payroll funding has been assisting staffing agencies by helping them gain the resources they desperately require. Here’s how payroll funding solutions can help your staffing agency. The Impact of Payroll Funding The end of last year and the beginning of 2023 has seen […]
How Does Payroll Funding Work?
2 years ago
The employees are the core of any business operation, which is why ensuring they are paid on time is vital to your company’s growth and success. Payroll funding is a simple financing solution that gives your business access to the cash flow needed to not only pay your permanent or temporary staff but to pay […]
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, […]
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 […]
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 […]
How To Borrow Against Your Accounts Receivable
3 years ago
Accounts receivable financing is the ultimate solution for your cash flow problems. Unfortunately, a lot of businesses lose business or incur inefficient debt because they don’t understand that this type of financing is available to them. We’ll explain what accounts receivable financing is and how it works so you can easily gain access to funding. […]