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feature a fixed payback schedule that helps in budget planning.
a variable-payment solution, accommodates temporary revenue dips.
by FORA FINANCIAL
5 minute read
April 11, 2022
Lines of credit allow business owners to borrow money for expansion projects, pay for consistent expenses like bills, and fill inventory orders, to name a few examples. Like a personal line of credit, business credit...
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6 minute read
Are you interested in starting a successful business? Vending machines aren't new or revolutionary, but opening a vending machine company can be a lucrative business opportunity. Many business owners start a vending machine business as...
April 6, 2022
A business line of credit is a flexible funding option beneficial for smoothing out cash flow. However, it’s often difficult to get approved for a line of credit, especially if your credit score is low....
March 28, 2022
Known as “The Gem State,” Idaho’s largest industries are tourism, agriculture, advanced manufacturing, aerospace, energy, and technology.
Small Business Administration (SBA) Loans are a popular option for businesses that require access to quick financing.
SBA Form 912 – Statement of Personal History is a document that the Small Business Administration (SBA) uses to evaluate individuals’ character and credit eligibility when applying for an SBA loan.
Congratulations, you've decided to take the plunge and start your own business. However, what comes next will significantly affect your chances of future success.
As a wholesale distributor, you need consistent customers to buy your products. Having these return customers allows you to keep your operations afloat. Still, it’s crucial that you acquire new wholesale customers along the way so...
Being in a business partnership is a lot like being married; there are good times and bad times, wonderful creations are made, and it’s a bond unlike any other.
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Funding Amount: $775,000
Industry: Commercial & Residential Electric
Use of Funds: Personnel and Equipment Upgrades
Funding Amount: $2,000,000
Industry: Construction
Use of Funds: Bridge funding
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