Popular accounting software defines invoice payment terms as, “an agreement that sets your expectations for payment, including when the client needs to pay you and the penalties for missing a payment”. Having won the bid and bust a gut to get the job done well and on time, you’d think that the work is done, […]
How Kore Capital Can Help Your Business Achieve Its Goals
At Kore Capital Corporation, we specialize in providing small businesses and startups with short-term working capital through various methods like invoice factoring, and asset-based lending. There are two ways Kore Capital can help your business achieve its goals. And don’t worry, you don’t have to qualify for traditional bank financing to work with Kore Capital. […]
How to Finance New Business Growth
Not sure how to finance new business growth? New businesses need working capital to cover expenses and accelerate growth. Additionally, during the first few years of operation, most companies are just managing to cover daily costs and the day-to-day business operations. As a result, new businesses often don’t have the additional funding or cash required […]
3 ways invoice factoring helps government contractors acquire new business
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 […]
How accounts receivable financing lends itself to company growth
Accounts receivable financing is a powerful tool that provides upfront payment to businesses on their outstanding invoices. Thereby, helping avoid cash flow problems as well as providing the avenue and resources for growth. Are you a business owner with cash flow issues and a desire to grow your business operations? You should look at accounts […]
How accounts receivable funding can increase your ROI
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 […]
5 ways equipment financing can grow your business
Equipment financing is one of the best ways to get the equipment you need to run your business at its optimum. When business growth is a top priority but purchasing new equipment or upgrading existing equipment poses a challenge due to low cash reserves, equipment financing is your answer. In a nutshell–equipment financing is a […]
5 benefits of working with an inventory financing company
Inventory financing has many benefits but one core purpose–to help you buy inventory and/or stock for your growing business. Inventory financing works like a revolving line of credit or a short-term loan for businesses that need to buy inventory to sell. The collateral for this short-term loan is the actual products or inventory. If you […]