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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 19, 2019
When business owners find an advantage, they try to use it for all its worth. A great business credit card that offers flexible rewards can be an advantage to business owners who use it.
November 10, 2019
The American Express Plum Card isn’t your typical credit card. In fact, it’s not a credit card at all. It’s a charge card, which means you don’t have a preset spending limit. This gives it...
November 9, 2019
When you take out a loan, such as an SBA loan or a loan from an alternative lender, you agree to pay it back, usually via monthly payments over a certain time period.
August 28, 2019
The Small Business Administration offers 504 loans that can be used to help businesses in the United States grow by providing funds for specific purchases. In this post, we’ll explain what a 504 loan can do for...
August 19, 2019
A fixed expense is a cost that stays the same over the short-term even when business activities, such as sales or transaction volume, increase. Usually, when accountants mention fixed expenses, they’re talking about them in...
June 26, 2019
As a small business owner, access to credit can be critical. Whether you need capital to take advantage of a unique growth opportunity or bridge gaps in cash flow, you’ll need to prove that you...
June 24, 2019
No matter the size of your business, it's no secret that having an ample amount cash flow is crucial to success. In a perfect world, invoices would be paid early, vendors would have a flexible...
May 24, 2019
Small Business Administration (SBA) loans can be a great source of funding for small business owners. You have likely heard of this business financing product but might be unsure of how to attain it.
March 29, 2019
Happy National Mom and Pop Business Owners Day! This day originated when a son created this day for his parents, who owned a hat shop located in Everett, Massachusetts. Now, mom and pop business owners unite...
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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
