

Line of Credit
Unlock flexible financing with a business line of credit. A line of credit provides the financial support needed to fuel growth, manage cash flow, and seize new business opportunities without any holdups.
Why Do You Need a Line of Credit?
KORE’s line of credit allows you to access capital based on the value of your accounts receivable and inventory. You can secure advances based on a pre-approved percentage of these assets, with availability fluctuating in line with their value. This self-liquidating solution enables you to request advances as needed while using short-term assets for repayment.

OUR PROCESS
1. Determine Eligibility
To qualify for a KORE line of credit, businesses must:
• Have earned but unbilled and/or billed invoices
• Generate consistent revenue with outstanding receivables
• Operate in an industry that aligns with accounts receivable-based financing
Unlike traditional banks, we focus on your invoices and assets rather than just credit scores
2. Submit an Application
• Get started by providing:
• Business details (company name, industry, revenue)
• Accounts receivable reports (aged invoices for verification)
• Bank statements (last 3–6 months for cash flow analysis)
3. KORE’s Review & Offer
Once we receive your application, our team will:
• Assess your invoices to determine funding availability (typically 80-90% of eligible receivables)
• Review financials to ensure stability and repayment ability
• Provide an offer outlining your approved credit limit, terms, and advance rates
4. Accept & Access Funds
After signing the agreement, you can:
• Draw funds as needed based on your available receivables
• Repay & reuse—as invoices are paid, your credit refreshes automatically
• Enjoy fast access with funding often available in 24–48 hours
5. Ongoing Management
• With your KORE line of credit, you benefit from:
• Steady cash flow to cover expenses or fuel growth
• Flexible repayment tied to invoice collections
• Minimal restrictions—use funds for payroll, expansion, or operational needs
APPLY FOR LINE OF CREDIT
PHONE
301.307.5091
info@korecc.com
Location
6701 Democracy Blvd #300 Bethesda, MD 20817
hours
M-F 8:00 - 5:30PM