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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
November 23, 2021
If you run a dermatology business, you help diagnose and relieve a variety of skin, hair, and nail-related conditions. Working in the health and beauty industry can be rewarding, but it also requires significant financing...
November 22, 2021
Small business owners know better than anyone how to put themselves in a position to succeed. However, when applying for a small business loan, many find that it can be daunting. This is especially true...
6 minute read
A business loan can help you meet your business goals, regardless of what they may be. The truth, however, is that it can be overwhelming to apply for one, especially if it’s your first time....
November 19, 2021
The food and beverage industry as a whole has experienced massive volatility caused by the COVID-19 pandemic. Labor shortages, social distancing requirements, and other factors have put many establishments on the defensive.
November 18, 2021
In 2019, the Global Medical Spa Market was valued at $13.82 billion. It’s predicted to grow to $47.14 billion by 2030, a compound annual growth rate of 11.8 percent.
November 17, 2021
Regardless of if you’re a new business owner or a veteran looking to grow your operations, securing a loan can be a major obstacle. In fact, many business owners struggle to procure the small amounts...
Are you a small business owner in the bakery industry that wants to out-sell your local supermarket bakery section? Perhaps you’re in the process of starting a bakery business and want to learn the ropes....
November 16, 2021
There are almost 600,000 small businesses in Maryland. Some of the most popular industries in the state include healthcare, technical services, construction, food services, retail trade, and manufacturing.
November 12, 2021
Small businesses make up a significant portion of New Jersey’s economy. Despite its small size, the state has over 861,000 small businesses. Some of the most popular industries in New Jersey include financial services, life...
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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