Slow payments can cause serious financial burdens for your business. Accounts receivable financing can help your business to gain the funds it needs while you wait for customers to pay you. Here’s how accounts receivable financing can help your business. What Can You Do About Slow-Paying Customers? Slow-paying customers can be frustrating. There are however […]
Business Funding
How Kore Capital Can Help Your Business Achieve Its Goals
At Kore Capital Corporation, we specialize in providing small businesses and startups with short-term working capital through various methods like invoice factoring, and asset-based lending. There are two ways Kore Capital can help your business achieve its goals. And don’t worry, you don’t have to qualify for traditional bank financing to work with Kore Capital. […]
How to Finance New Business Growth
Not sure how to finance new business growth? New businesses need working capital to cover expenses and accelerate growth. Additionally, during the first few years of operation, most companies are just managing to cover daily costs and the day-to-day business operations. As a result, new businesses often don’t have the additional funding or cash required […]
7 Steps to Qualify Your Business for Invoice Factoring
Here’s how to qualify your business for invoice factoring. Invoice factoring involves a business selling its credit-worthy outstanding invoices to a factoring company at a discounted rate. The invoice factoring company can offer up to 90% of the amount of the invoices. This is an excellent source of credit for businesses that need it immediately […]
Is It Easier to Qualify for Invoice Factoring Than Conventional Loans?
Cash flow issues are a common challenge faced by businesses, especially smaller ones and start-ups. They require business financing for expansion, marketing, buying equipment, and much more. See why Qualifying for invoice factoring is easier than conventional loans here. Typically, big businesses have the option to approach banks to apply for loans to increase their […]
How to finance a government contract
Landing a government contract can be an exciting and lucrative development for a small to medium-size business. However, completing the contract does come with a few drawbacks. Most notably, these drawbacks include the all too common problem of slow payment. You know the money is coming eventually. But, that doesn’t help when you need strong […]
How Small Business Invoice Factoring Improves Cash flow
There is a reason that many small businesses regularly include invoice factoring in their financial strategies. It is because all businesses need cash flow to fuel their growth, and invoice factoring is a powerful solution for improving cash flow. How exactly does it bring about this benefit? Here are the two primary ways in which […]
How businesses can use factoring to fuel growth
Businesses can use factoring to fuel growth. As a small business owner, you probably already understand the benefits of invoice factoring when it comes to easing your cash flow. But factoring is more than just a temporary financial stopgap. Careful use of invoice factoring can actually help you fuel the growth of your business. Better […]
Handling cash flow issues with invoice factoring
You may well have a good, long-term relationship with a financial institution. And perhaps this relationship has given you a good line of credit to drive your business growth for several years. However, there may still come a time when you might outgrow your current credit facility. When that happens, you could seek out another […]
How to factor your invoices in 5 easy steps
Invoice factoring can be an excellent avenue for business capital, based on the invoices owed to you by your customers. However, if you are a newbie, this process can seem overwhelming. Kore Capital explains the factoring process in 5 easy steps! Initial Contact This is an initial meeting where the feasibility and suitability of accounts […]