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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
5 minute read
January 19, 2022
Vermont has about 80,000 small businesses, which employ 158,228 workers and account for 60.6% of the total workforce in the state. Most of the small businesses in Vermont are in industries such as professional, scientific,...
6 minute read
One of the biggest challenges you may face as a business owner is maintaining an adequate cushion against fluctuations in cash flow. Changes in revenue are normal for many businesses, and in months when you...
January 18, 2022
ACH is a commonly used term in the business world. If you own a business, there’s a good chance you accept ACH transfers from your customers. Put simply, ACH is an acronym for Automated Clearing...
January 17, 2022
Unless you have unlimited cash flow at your disposal, you’ll probably need a business loan at some point in time.
January 13, 2022
In 2021, there were 542,519 small businesses in Missouri. These businesses employed 1.2 million workers or 45.8% of the total workforce in the state. The most popular industries for Missouri small businesses include construction, professional,...
There are 783,977 small businesses in Virginia that employ 1.6 million workers and account for 46.6 percent of the total workforce in the state. Many Virginia small businesses are in industries like professional, scientific, and...
January 12, 2022
South Carolina is home to 445,804 small businesses, which account for 99.4% of total businesses in the state. These small businesses employ 830,094 workers and make up 43.6% of the entire workforce. Most of them...
January 5, 2022
When your small business has low cash flow due to outstanding invoices, invoice factoring can be a quick and easy solution.
1 minute read
December 30, 2021
Fora Financial, a leading provider of working capital solutions in support of small and medium-sized businesses nationwide, announced today that it has closed two new financing transactions which together increase the company''s total borrowing capacity...
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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