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 […]
Invoice Factoring
How to factor your invoices in 5 easy steps
3 years ago
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 […]
How to Develop Lending Relationships using Factoring
3 years ago
How to build and maintain a good lending relationship with financial partners Maintaining a good lending relationship with financial partners requires communication, knowing your loan agreement, and referrals. It goes without saying that maintaining a good relationship with lenders can be beneficial for businesses. But how do you do it? Kore Capital outlines the following […]
3 ways invoice factoring helps government contractors acquire new business
3 years ago
Invoice factoring, also known as accounts receivables financing, can help government contractors acquire new business. As cash flow issues can strain company resources and inhibit growth, invoice factoring is a tool where contractors can receive immediate financing against the outstanding invoices owed to them by clients. Kore Capital explains how invoice factoring can help government […]
5 easy ways to boost your credit score
3 years ago
Boosting your credit score is easy if you try following these 5 easy steps. A good credit score is essential in determining if credit providers and financial organizations take you on as a client and provide you with credit when needed. Your credit score is determined by a credit bureau after an analysis of your […]
How accounts receivable funding can increase your ROI
3 years ago
For several businesses, especially start-ups and small businesses, funding can be difficult to obtain. They also find it tough to be approved for bank loans. This is because they do not meet important criteria. Criteria can include how long they have been in business or the value of current assets. Not just that, but getting […]
Why invoice factoring is a great way to fund your company’s growth
4 years ago
Invoice factoring, or accounts receivable factoring, is not just a fast and convenient way to solve temporary cash-flow problems. (Cash flow problems are all too common among small businesses). Invoice factoring is also an extremely helpful tool when it comes to funding the growth of your business. While many people call upon a factoring company […]
Five Ways to Finance a Federal Government Contract
4 years ago
Government contract financing may be the last thing you think about in the excitement of preparing and submitting your bid. Yet so many small to medium-sized enterprises learn the hard way that it needs to be addressed right at the beginning of the process. When looking at financing your government contracts, you want a solution […]
Choosing the right company for Accounts Receivable Factoring
4 years ago
Accounts receivable factoring is a fast and convenient solution for your business’s cash flow needs. There are many companies out there offering factoring services, however, so how do you know which one is right for you? There are many things to consider when you are choosing your factoring company. Here are four of the most […]
5 Tips to Help Improve Cash Flow
4 years ago
Maintaining a healthy cash flow is one of the most important things you can do as a business owner. However, we know it isn’t always that easy, so here are five tips to improve your cash flow. Through a combination of the careful management of your accounts and control of your payment terms, you can […]