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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
April 25, 2022
As a business owner, you probably use at least one piece of equipment, regardless of your industry. This equipment is likely pivotal to how your business functions or makes it easier to do so. Unfortunately,...
5 minute read
The Small Business Administration (SBA) has assisted many business owners in acquiring additional working capital, offering loans at far lower rates than traditional banks. Still, just like with any government agency, you must be thorough...
7 minute read
A term loan is a traditional loan that entrepreneurs can use to grow a small business. Term loans offer an upfront cash infusion with monthly payback terms over a specified period. This post will explain...
8 minute read
In this blog post, we’ll offer tips on how to get a business loan with bad credit while also building your business credit and improving your chances of getting approved. Let’s get started so that...
April 24, 2022
All small business loans are essentially the same, right? In principle, this is true, but you may struggle to decide if you should apply for a business or personal loan.
April 21, 2022
You have a FICO score if you’ve ever paid for a car, house, college tuition, opened a credit card account or submitted a rental application.
April 20, 2022
Whether you’re just starting, expanding, or looking to upgrade your car wash business, you’ll need significant cash flow.
Loss prevention refers to the steps businesses take to reduce profit loss. The causes of profit loss, addressed by loss prevention, include theft, fraud, and human errors.
You may need money to cover an immediate business expense at some point. If you wait weeks or months to get approved, it could hurt your business's operations.
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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
