solution designed for your business needs.
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You can pledge a pool of accounts receivable to support the advances that will serve as the fuel required to take your business to new heights.
What is a Line of Credit?
KORE’s line of credit allows you to use the value of accounts receivable and inventory in support of advances made upon a previously agreed upon percentage of those assets. Your availability will rise and fall with the value of your assets. You may request advances as often as you wish while the self-liquidating short term assets will serve as the source of repayment.
What are the benefits of a Line of Credit?
- Interest is paid on the average balance outstanding at the end of the month.
- Steady and reliable cash flow.
- Allows you to take advantage of new business opportunities.
- Limited Covenants.
- Fast and streamlined process.
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Receive an Advance with Your Government Contract Invoice
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.