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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, 2021
The food and beverage industry as a whole has experienced massive volatility caused by the COVID-19 pandemic. Labor shortages, social distancing requirements, and other factors have put many establishments on the defensive.
November 18, 2021
In 2019, the Global Medical Spa Market was valued at $13.82 billion. It’s predicted to grow to $47.14 billion by 2030, a compound annual growth rate of 11.8 percent.
November 17, 2021
Are you a small business owner in the bakery industry that wants to out-sell your local supermarket bakery section? Perhaps you’re in the process of starting a bakery business and want to learn the ropes....
November 10, 2021
If you own a laundromat, you know it can be an extremely lucrative business venture. However, with over 35,000 laundromats nationwide, it's crucial that you set your business apart from competing laundromats.
November 9, 2021
Carpet cleaning can be a lucrative business, especially once you get your operations up and running. However, like with most other ventures, you need to invest in equipment upfront so that you can operate and...
October 20, 2021
Owning a deli can be a rewarding business venture. Your customers rely on you for their morning coffee, special-order sandwiches, and catered luncheons, among other items. Many of them have likely been consistent customers since...
October 18, 2021
As a craft brewery owner, you’re tasked with providing customers with a variety of beer options, helpful customer service, and an overall pleasing experience.
October 13, 2021
If you’re going through the retail business loan application process or have recently received financing, you likely have some ideas on how you want to improve your operations. However, it’s important to review your retail...
With more than 52,000 hotels in the U.S., it is pivotal to make your hotel stand out as much as possible. Unfortunately, it can be challenging to afford updates that will make your existing hotel an attractive,...
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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