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 […]
When Invoice Factoring Makes the Most Sense
3 years ago
There are a number of business conditions when invoice factoring makes the most sense. Factoring is the ultimate solution for cash flow issues, but it may not be for everyone. How do you know when factoring is the best solution for your business at the present moment? When Invoice Factoring Makes the Most Sense Ask […]
How Factoring Helps Your Business
3 years ago
Factoring helps your business by getting you the cash that was already owed to you quickly. Factoring is a business financing solution to solve all of your cash flow problems. If you are wondering what is factoring and how it can help your business, this blog will answer all of your questions. How Factoring Helps […]
How Kore Capital Factoring Facilities Have Helped Businesses
3 years ago
Kore Capital is a factoring company with a history of success. In the following examples, we have helped many businesses achieve their dreams by providing the capital required for entrepreneurs to scale their companies. See how Kore Capital helps businesses here. How Kore Capital helps businesses—Factoring for Government Contractors Our factoring solutions helped a government […]
Accounts Receivable Financing for Slow-Paying Customers
3 years ago
Slow payments can cause serious financial burdens for your business. Accounts receivable financing can help your business to gain the funds it needs while you wait for customers to pay you. Here’s how accounts receivable financing can help your business. What Can You Do About Slow-Paying Customers? Slow-paying customers can be frustrating. There are however […]
How to factor your invoices in 5 easy steps
3 years ago
Invoice factoring can be an excellent avenue for business capital, based on the invoices owed to you by your customers. However, if you are a newbie, this process can seem overwhelming. Kore Capital explains the factoring process in 5 easy steps! Initial Contact This is an initial meeting where the feasibility and suitability of accounts […]
Why start-ups use invoice factoring
4 years ago
One of the biggest challenges facing a start-up is the management of cash flow. Start-ups and new businesses are low on working capital. And, taking a business loan may not be feasible for them. Kore Capital gives you reasons why your start-up should partner with an invoice factoring agency. Start-ups do not have long financial […]
Kore Capital Corporation | December 2020 Deal Announcement
4 years ago
KORE Capital Corporation provides $750,000 factoring facility An emerging government contractor won their first three contracts in succession in support of the Federal Government’s Operation Warp Speed. As an early-stage enterprise, the company was unable to obtain a line of credit from a bank. KORE Capital Corporation provided the company with a $750,000 factoring facility. […]
How a Factoring Company Can Save Your Business
4 years ago
How to use factoring to save your business Being your own boss is great until cash-flow problems threaten the survival of your business. A recent study by the U.S bank attributes the failure of 82% of small businesses and startups to cash flow problems. However, factoring can save your business. If you don’t have enough […]
What is an asset-based loan?
4 years ago
An asset-based loan or line of credit is oftentimes an attractive option for many companies. Perhaps your business has underperformed for a couple of months and you have run into some cash flow problems? Or perhaps you just need capital to finance your expanding business? Whatever the case, an asset-based loan (ABL) could assist. What […]