Factoring
Factoring provides your business with a fast, reliable, and cost-effective cash flow solution, helping you overcome financial gaps and keep operations running smoothly.
What is Factoring?
Factoring is a financial solution that allows businesses to convert outstanding invoices into immediate working capital. By selling accounts receivable at a discount (factoring fee), businesses receive an instant advance on their unpaid invoices, ensuring they have the liquidity needed to meet short-term obligations without waiting for customer payments.
OUR PROCESS
Navigating cash flow challenges should be simple. With KORE, our factoring process is straightforward:
- Submit Your Invoices – Provide us with your outstanding accounts receivable.
Receive an Advance – Get up to 90% of the invoice value upfront.
Customer Payment – Your customer pays the invoice based on the agreed terms.
Final Payout – Once payment is received, we release the remaining balance, minus our factoring fee.
Benefits of Factoring Services
Immediate Cash Flow – No more waiting 30, 60, or 90 days for payments.
Scalability – Financing grows with your sales volume.
No Debt Incurred – Factoring is not a loan, so there’s no long-term liability.
Supplier Negotiation Power – Leverage funds to secure early payment discounts.
Operational Stability – Maintain payroll, inventory, and business growth without cash flow interruptions.
APPLY FOR FACTORING SERVICES
PHONE
301.307.5091
info@korecc.com
Location
6701 Democracy Blvd #300 Bethesda, MD 20817
hours
M-F 8:00 - 5:30PM
