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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
January 27, 2020
Do you own a cabin on the water? How about a luxury condo in the heart of Manhattan? If you own a vacation rental property, it could act as a tax shelter that saves you...
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The credit crisis of 2007-2008 scared off many investors. Due to the situation, these investors felt as though recovery would never occur. However, the market did recover and is currently booming. In fact, it may...
January 24, 2020
One of the most essential steps to starting a business is setting your brand up as a legal entity. Many small business owners become overwhelmed with the different types of business structures available. However, most...
9 minute read
Far more than a minor annoyance, late payments can significantly harm your business. In addition to the headache of chasing payments, having cash tied up in accounts receivable can hurt your cash flow. At best,...
January 23, 2020
2020’s most reliable index fund options are those focused on low expense ratios, high diversification, and remaining on the rise during turbulent times.
January 22, 2020
Petty cash is a convenient way to pay for small purchases. Many small businesses use a petty cash fund, as there are several reasons to do so. However, if you don’t manage your cash carefully,...
If there’s one thing any taxpayer knows, it’s that an audit is bad news. Unfortunately for entrepreneurs, an audit from the IRS is especially complicated and potentially costly.
January 21, 2020
When people start businesses, they're often excited by the freedom and potential to earn a significant income. What they tend to discover, however, is that success is hard work. It often shatters the excitement within...
January 19, 2020
When you form business partnerships, you have the benefit of a built-in safety net to keep your company running smoothly.
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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