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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
February 4, 2021
As a business owner, you have many choices when it comes to almost every aspect of your company’s finances. This is particularly true when it comes to choosing whether to manage your daily spending with...
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January 31, 2021
Minority-owned businesses in the United States generate more than one trillion dollars in annual revenue. Therefore, if you’re a minority business owner, you’ve played a critical role in the success of the U.S. economy.
January 22, 2021
In response to the coronavirus pandemic, the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) in April 2020. It was part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The goal...
As a small business owner, you may find yourself needing funds to cover costs for a short time before you can secure permanent financing, improve cash flow, or receive customer payments.
January 19, 2021
If you’ve secured an SBA loan, congratulations! You’ll reap a variety of benefits including a lengthy repayment period.
Failing to pay employees on time and in full comes with serious consequences. As a small business owner, you could face lawsuits, legal actions, fines, a tarnished reputation, and damaged employee relationships. Therefore, it’s smart...
January 15, 2021
Most likely, you understand the difference between secured and unsecured small business loans. However, you might not be sure if you'll qualify for an unsecured loan, especially if you're pursuing SBA financing.
January 13, 2021
Working from home provides many benefits to business owners, such as added convenience and affordability. However, it has one distinct disadvantage; working from home can de-legitimize your business in the eyes of certain clients.
January 10, 2021
The Small Business Administration (SBA) helps business owners obtain additional working capital. If you’re in need of a loan to start or expand your business, you may find that SBA loan options fit your funding...
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