Many businesses have started using invoice factoring to solve their short-term liquidity issues. Invoice factoring is a handy financial tool that helps keep businesses afloat during tough times. However, you fully understand how it works. Invoice factoring is a financial transaction in which a business sells its invoices at a discount to an external factoring […]
Business Funding
How to Qualify for Equipment Financing
5 years ago
Equipment financing is a vital lifeline for many small businesses. What’s more essential to your business than the equipment you need to make your products? Of course, as you know, equipment is not cheap, and purchasing your own can put a massive strain on your finances. Often, the need to acquire or replace a particular […]
KORE Capital Corporation Deal Announcement
5 years ago
A 100-plus-old firm providing Nursery, facilities management, and landscaping services closed on a $15,000,000 USDA and SBA guaranteed loan to refinance their real property and equipment. Upon closing on the term debt management realized that it was going to be difficult to secure a revolving credit facility to support their growth, due to substantial inter-creditor […]
How to qualify for a business loan with bad credit
5 years ago
As a business owner, you know that access to short-term business funding is an essential part of your enterprise’s success. A business loan is often necessary. No matter how smooth your finances have been in the past. Qualifying for such a loan can often mean the difference between staying in business and having to close […]
How to Qualify for Emergency Business Funding
5 years ago
Every entrepreneur knows that dealing with unforeseen problems is a natural part of running a business. Inevitably, the need for emergency business funding is bound to arise at some point. You, as a business owner, will need a convenient, short-term solution to provide enough liquidity to get you over the hump. That is why you […]
KORE provides $1,000,000 Asset Based Line of Credit
5 years ago
Rapidly growing Technology Solutions Provider in Western Pennsylvania was enduring losses. The bank was unable to support the company’s future growth. KORE Capital quickly crafted a solution and closed a $1,000,000 Asset Based Line of Credit for the company. It provided the capital the company required to satisfy its indebtedness to the bank and scale […]