blank Factoring Factoring will provide your business with the fast, reliable and cost effective cash flow solution that will solve your cash flow challenges. Qualify Now blank Factoring and Asset
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blank Providing Short Term Working Capital Kore Capital Corporation specializes in providing short term working capital through accounts receivable financing to small businesses that may not qualify for traditional bank financing in adequate amounts. Contact Us
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Factoring

Factoring will provide your business with the fast, reliable and cost-effective cash flow solution that will solve your cash flow challenges.

 

What is Factoring?

When a business pledges or sells its accounts receivable (invoices) at a discount (factors fee) in exchange for a cash advance so that the business owner may realize the liquidity required to meet critical short term obligations.

What is the Factoring Process?

Simply present your B2B or B2G invoices to KORE and we will verify whether your customers are credit worthy and your invoices are moving through your customer’s normal accounts payable process.

KORE will then advance between 80% to 90% against the invoices you have presented.

In 30 to 60 days when your customer pays, they will pay to KORE’s lockbox. Upon receipt of payment KORE will deduct the amount previously advanced, deduct the fees and forward the balance to the customer’s account. The borrower may elect to repeat this process to ensure unlimited and reliable working capital.

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301.307.5091

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    Business Financing Options

    Factoring and Asset Based Lending

    Government Contract Financing

    Receive advances that will allow you to perform on your newly awarded government contract and scale your business.

    Factoring

    Use the most valuable assets on your balance sheet your accounts receivable to create the liquidity you need to grow your business.

    Line of Credit

    You may pledge a pool of assets to include accounts receivable and inventory to support the advances that will serve as the fuel required to take your business to new heights.

    Inventory Financing

    Increase your working capital by funding a percentage of the total cost of your on hand inventory.

    Equipment Financing

    Use the value of the equipment you own and convert it into working capital to fund your growth strategy.