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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 11, 2021
North Carolina is a great state to conduct business in. After all, there are over 934,000 small businesses in North Carolina, spanning a wide variety of industries. Whether you operate in Charlotte, Raleigh, Asheville, Durham,...
November 10, 2021
Due to the COVID-19 pandemic, many small businesses have moved their operations from an office or business location to their homes.
If you own a laundromat, you know it can be an extremely lucrative business venture. However, with over 35,000 laundromats nationwide, it's crucial that you set your business apart from competing laundromats.
November 9, 2021
Carpet cleaning can be a lucrative business, especially once you get your operations up and running. However, like with most other ventures, you need to invest in equipment upfront so that you can operate and...
November 8, 2021
A small business loan can help you cover business-related expenses, increase cash flow, and enable you to grow your operations.
Does the idea of a quick, easy business loan sound unattainable to you as a small business owner? We promise that it’s not, and many business owners are able to easily qualify for additional working capital....
Whether you own a startup or an established business, a small business funding source can provide you with the capital you need to meet your goals. But how do you know which option is best...
October 28, 2021
Business lenders take the small business loan verification process very seriously. It’s the verification process that enables them to avoid fraudsters and make profitable loan deals. Without verifying each applicant's identity and financial standing, they...
October 26, 2021
No reputable business owner takes out a loan intending to defer it. However, business—particularly cash flow—is unpredictable. To help borrowers navigate this unpredictability, lenders may offer business loan deferment.
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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