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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
July 26, 2017
Feeling overwhelmed by your never-ending to-do list as a small business owner? When struggles and day-to-day problems arise, taking a moment to remember the “why” behind your business can be the ticket to get you...
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July 25, 2017
Running a cleaning service business takes hard work, organization and customer service skills. On top of this, customers expect seamless services and reasonable prices from a business that they can trust.
July 18, 2017
Having efficient landscaping or pool equipment is pivotal to the productivity and overall success of your business. If you’re completing a lot of projects, you might find yourself with a fleet of worn out lawn...
July 14, 2017
With National Ice Cream Day just a few days away, it’s time to focus on the future of your ice cream business. Even if your business is profitable, there is always room for improvement.
July 11, 2017
Fora Financial, a leading provider of working capital to small businesses, announced today that the Company and its senior secured lenders have reached an agreement to increase the aggregate commitments under its revolving credit facility...
June 16, 2017
It is important that you provide the best service for your physical therapy business patients. They want to have a fast, thorough recovery, so you need to adapt your services to fit their needs.
April 12, 2017
The small business financing marketplace is changing. Years ago, the only financing options were conventional loans obtained through banks, but today small businesses have multiple options from many different types of lenders. To help you...
April 3, 2017
Owning an online business can be an exciting venture, especially if your inventory is in demand from customers. If you own a popular, lucrative online business, you may be contemplating the possibility of expanding your...
March 27, 2017
We’re confident you’ve heard of Yelp – the platform where consumers can search for businesses, leave reviews and much more. Yelp is a helpful community for people looking to find the best restaurants, retail stores,...
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Fora Financial Secures New $200 Million Credit Facility, Expanding and Diversifying Capital Resources
Funding Amount: $2,000,000
Industry: Construction
Use of Funds: Bridge funding
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