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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
2 minute read
January 30, 2024
Fora Financial, a leading name in the small business financing industry, is excited to announce a significant enhancement to its funding process. In a move aimed at providing greater flexibility and ease to business owners,...
6 minute read
January 23, 2024
It's tax time. Yay, right? You might be starting off tax season by thinking of how you can put off filing your return — or maybe you're not thinking about it at all. If so,...
4 minute read
January 16, 2024
For small business owners, managing credit is a critical aspect of financial success. Understanding the nuances of credit inquiries, both hard and soft pulls, is key to making informed decisions that impact your business's financial...
5 minute read
January 9, 2024
Trends come and go, though Crocs remain. But when it comes to small business trends, developments in tech, HR practices, and sustainability, among others, are perennial. Yes, AI was all the rage in 2023, with...
January 3, 2024
Coworking spaces are hardly a new trend. But recently, the combined buzz of the pandemic and the downfall of WeWork, once the largest name in the field, has helped to redefine co-working's value proposition. Did...
December 19, 2023
Lenders have been reducing the number of business-loan approvals throughout 2023. What's more, the American Bankers Association's Q4 Credit Conditions Index forecasts that this downward trend will last into midyear 2024, if not longer. The...
December 12, 2023
One of the many ways a small business can obtain funding is through a revenue advance (RA). With this funding product, you draw an advance on future sales. Since it's not a loan, the RA...
December 5, 2023
For women going it on their own as business owners, news, advice, and a sense of community can be as close as the nearest blog. But since the topic of women at the helm is...
November 28, 2023
In 2020, IDG estimated that small and medium-size businesses managed 48 terabytes of data, with an expectation of 50 percent growth in 12 to 18 months. Assuming even the most conservative growth projections three years...
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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