Here’s how to qualify your business for invoice factoring. Invoice factoring involves a business selling its credit-worthy outstanding invoices to a factoring company at a discounted rate. The invoice factoring company can offer up to 90% of the amount of the invoices. This is an excellent source of credit for businesses that need it immediately […]
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 […]
How to Develop Lending Relationships using Factoring
3 years ago
How to build and maintain a good lending relationship with financial partners Maintaining a good lending relationship with financial partners requires communication, knowing your loan agreement, and referrals. It goes without saying that maintaining a good relationship with lenders can be beneficial for businesses. But how do you do it? Kore Capital outlines the following […]
5 easy ways to boost your credit score
3 years ago
Boosting your credit score is easy if you try following these 5 easy steps. A good credit score is essential in determining if credit providers and financial organizations take you on as a client and provide you with credit when needed. Your credit score is determined by a credit bureau after an analysis of your […]
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 […]