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feature a fixed payback schedule that helps in budget planning.
a variable-payment solution, accommodates temporary revenue dips.
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by FORA FINANCIAL
6 minute read
September 26, 2023
I'm a huge blog fan — even more so since I learned that 90 percent of our site's organic clicks were on our blog! But of course, you'll want other numbers to support your blogging...
5 minute read
September 19, 2023
One of the greatest bounties of being the boss is the option to keep your firm running for as long as you like — until you're ready to move on to your next chapter. Yet,...
September 12, 2023
The stress and isolation of the pandemic years has contributed to a greater focus on workplace mental health going forward. Reflecting this commitment, a 2022 study revealed that 77 percent of business owners surveyed are...
4 minute read
September 5, 2023
Outsourcing, the practice of using an outside business partner to handle what might otherwise be an internal business function, has become a staple of business-to-business commerce. According to a LinkedIn report, the most common outsourcing...
August 29, 2023
It's not uncommon for sole proprietorships to co-mingle personal and business accounts. Many self-employed freelancers, tradespeople, or domestic workers may often find it easier for their clients to pay them via Venmo, or Zelle, for...
August 22, 2023
Scroll through some recent headlines and you may start to think that Artificial Intelligence is as great a threat to the globe as climate change, radical politics, or the (wholly hypothetical) return of Barney the...
August 15, 2023
It's a scene you could have never imagined happening at your firm: A star employee is accusing his coworker of harassment and is promising to sue. Now what? Frantically, you call your lawyer at 10...
August 8, 2023
Ever notice how TV shows about family businesses are typically full of high drama? Whether it was the classic, "Dynasty," or more recently "Succession," a family business can be a setting for high drama and...
August 1, 2023
DBA? LLC? Sole proprietorship? Knowing the basics of business structure keeps you from getting stuck in the weeds. The concept of choosing a structure for your small business can be confusing. If you asked the...
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Fora Financial Secures New $200 Million Credit Facility, Expanding and Diversifying Capital Resources
Funding Amount: $700,000
Approval Amount: $1.1 Million
Industry: Technology / Data Services
Use of Funds: Cash Flow Liquidity
Funding Amount: $1 Million
Approval Amount: $1.2 Million
Industry: Telecommunications
Use of Funds: Expansion
Initial Funding Amount: $750,000
Add-on Opportunity: $450,000
Industry: Manufacturing
Use of Funds: Financial Stability, Growth
Funding Amount: $300,000
Approval Amount: $450,000
Industry: Manufacturing / Automation
Use of Funds: Working capital
Funding Amount: $1.4 million
Industry: Food and Beverage Franchise
Use of Funds: Expansion and Renovation
Funding Amount: $750,000
Approval Amount: $1,400,000
Industry: Organic Food Grower
Use of Funds: Cash Liquidity