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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
November 29, 2021
As a business owner, you’re probably painfully aware of how difficult it can be for small businesses to obtain financing, especially if you lack a solid credit history.
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November 23, 2021
With the rise of the gig economy, self-employment is an increasingly popular option. From freelance software consultants and tutors to caterers and mechanics, self-employed business owners exist in all industries.
November 22, 2021
Small business owners know better than anyone how to put themselves in a position to succeed. However, when applying for a small business loan, many find that it can be daunting. This is especially true...
6 minute read
A business loan can help you meet your business goals, regardless of what they may be. The truth, however, is that it can be overwhelming to apply for one, especially if it’s your first time....
November 17, 2021
Regardless of if you’re a new business owner or a veteran looking to grow your operations, securing a loan can be a major obstacle. In fact, many business owners struggle to procure the small amounts...
November 16, 2021
There are almost 600,000 small businesses in Maryland. Some of the most popular industries in the state include healthcare, technical services, construction, food services, retail trade, and manufacturing.
November 12, 2021
Small businesses make up a significant portion of New Jersey’s economy. Despite its small size, the state has over 861,000 small businesses. Some of the most popular industries in New Jersey include financial services, life...
November 11, 2021
North Carolina is a great state to conduct business in. After all, there are over 934,000 small businesses in North Carolina, spanning a wide variety of industries. Whether you operate in Charlotte, Raleigh, Asheville, Durham,...
November 10, 2021
Due to the COVID-19 pandemic, many small businesses have moved their operations from an office or business location to their homes.
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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