KORE provides $1,000,000 Asset Based Line of Credit
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- KORE provides $1,000,000 Asset Based Line of Credit
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 two large new contracts effectively doubling the company’s annual revenue and returning the company to profitability.
KORE Capital, Come Grow with Us!