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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 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....
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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.
March 23, 2022
Unfortunately, even well before the COVID-19 pandemic, many Americans were one paycheck away from running out of money. That situation has worsened, with 63 percent of Americans living paycheck to paycheck in December 2020.
Whether you’re a new business owner or a veteran in your industry, accessing additional working capital can be challenging.
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Fora Financial Secures New $200 Million Credit Facility, Expanding and Diversifying Capital Resources
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
Funding Amount: $1.4 million
Industry: Food and Beverage Franchise
Use of Funds: Expansion and Renovation