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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 21, 2023
Advertising might make you think of Madison Avenue tastemakers having flashes of inspiration as they dream up catchy slogans — you know, like Mad Men. But for most small businesses, it's a much simpler (and...
4 minute read
November 14, 2023
Recent holiday retail forecasts from the National Retail Federation (NRF) foresee modest growth in holiday spending as compared to last year, predicting a 3 percent to 4 percent increase in total sales. But there's a...
November 7, 2023
Do you know everything you need to about business liability insurance? If not, you’re in good company. A staggering 96 percent of business owners surveyed by Next Insurance, a business insurance provider, scored 70% or...
October 31, 2023
With personal and business bankruptcies up 10% from 2022, according to the United States Courts, it's inevitable that you'll come across someone who can't pay their bill. Having a process to follow and knowing what...
3 minute read
October 26, 2023
While you surely know about Florida's attributes as a tourist destination, are you up to speed on its explosive small business growth? In 2022, the Miami/Fort Lauderdale/West Palm beach metropolitan region filed almost 41 new...
6 minute read
October 24, 2023
Business partnerships come in many sizes and flavors: A young boutique airline awards "miles" to a credit card's users. By piggybacking on the name of an established global bank, the airline brings in affluent consumers....
October 17, 2023
Owning a franchise, whether it’s a branch of a national burger joint or a hardware store, is an appealing proposition to a budding entrepreneur. In the best of scenarios, you can reap the benefits of...
October 10, 2023
You're sitting at your kitchen table or desk, gathering information about batting cages in the area for your up-and-coming Yankee or Marlin. Five places you've found in your area have their hours, fees, and equipment...
1 minute read
October 3, 2023
Fora Financial, a leading provider of flexible financing to small- and medium-sized businesses nationwide, today announced the closings of a $130 million revolving credit facility and $10 million investment-grade rated corporate note. Truist Bank will...
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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