Alternative lending is standard for many businesses that have a good relationship with their lending partner. Other companies are wary about using alternative financing for various reasons. The 2022 Small Business Credit Survey (SBCS), a collaborative effort by all twelve Federal Reserve Banks, shows that businesses are more likely to apply for funding with an […]
invoice factoring
Using Invoices for Collateral Loans
2 years ago
With a looming recession and rising cost of inflation, your business may be facing financial challenges. Instead of relying on a bank, you can now use your invoices for collateral loans. Here’s how invoice financing can help keep your business out of debt, or grow your business regardless of the challenges ahead. What is Invoice […]
How Payroll Funding Has Been Helping Staffing Agencies
2 years ago
Staffing agencies face a lot of financial challenges in an unstable economy. Payroll funding has been assisting staffing agencies by helping them gain the resources they desperately require. Here’s how payroll funding solutions can help your staffing agency. The Impact of Payroll Funding The end of last year and the beginning of 2023 has seen […]
Tips for Business Growth Management
2 years ago
As your business grows, you might find yourself facing new business challenges. A good business growth management strategy can help you manage rapid changes and ensure your business is a success. Here are some tips for business growth management. Create a Growth Plan What are your business objectives now that your business has grown? It’s […]
Government Contract Receivables Explained
2 years ago
Getting a government contract can be challenging if you have a small business. Government contract receivables financing can help you while you are waiting for payment from government agencies. Here’s a guide to government contract receivables financing. When Does the Government Pay Contractors? The government often pays contractors based on the urgency of the job […]
Pitfalls to Avoid When Factoring Invoices
3 years ago
1. Your Customer Is Not Creditworthy The success of your factoring application depends less on your creditworthiness and is more dependent on your customer’s credit history. If you submit invoices to us and we find that the clients connected to those particular invoices are not creditworthy, we would not be able to proceed. There is […]
How Kore Capital Can Help Your Business Achieve Its Goals
3 years ago
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
3 years ago
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 […]
Is It Easier to Qualify for Invoice Factoring Than Conventional Loans?
3 years ago
Cash flow issues are a common challenge faced by businesses, especially smaller ones and start-ups. They require business financing for expansion, marketing, buying equipment, and much more. See why Qualifying for invoice factoring is easier than conventional loans here. Typically, big businesses have the option to approach banks to apply for loans to increase their […]
How Small Business Invoice Factoring Improves Cash flow
3 years ago
There is a reason that many small businesses regularly include invoice factoring in their financial strategies. It is because all businesses need cash flow to fuel their growth, and invoice factoring is a powerful solution for improving cash flow. How exactly does it bring about this benefit? Here are the two primary ways in which […]