Every business requires funding to grow, but not all businesses have the creditworthiness to obtain traditional loans. Collateral loans are a type of loan that requires you to put up something of value as security for the loan. If your business is struggling financially, you may be tempted to consider a collateral loan, but is […]
collateral loan
Expand With Asset-Based Lending And Collateral Loans
2 years ago
Expanding your small business is an exciting time, and asset-based lending will remove one of the primary obstacles preventing you from scaling your business—capital. What is asset-based lending, and how will a collateral loan help you grow? Are Asset-Based Lending and Collateral Loans The Same? Financial institutions generally categorize asset-based lending and collateral loans […]
How to Qualify for Emergency Business Funding
5 years ago
Every entrepreneur knows that dealing with unforeseen problems is a natural part of running a business. Inevitably, the need for emergency business funding is bound to arise at some point. You, as a business owner, will need a convenient, short-term solution to provide enough liquidity to get you over the hump. That is why you […]
KORE provides $1,000,000 Asset Based Line of Credit
5 years ago
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 […]