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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
June 21, 2021
With business growth comes higher stakes. Operating and capital expenses increase. Demand for your products and/or services spreads your resources thin. Still, as far as problems go, a growing business is a good problem to...
May 18, 2021
In most cases, when you take out a small business loans, you have to present your business plan to the lender. If that lender understands your industry, it’s easier to get them to understand your...
April 21, 2021
When running a successful small business, there will always be room for improvement. Whether it is updating technology, purchasing new inventory, or hiring more employees, there are many ways to continually elevate your business. These...
March 22, 2021
If you want to start your own business, opening a pharmacy can be a profitable endeavor. Compared to other industries, independent pharmacies have a healthy profit margin — 22 percent on average in 2019.
February 23, 2021
Managing your restaurant's finances probably isn’t why you got into the restaurant industry. Still, savvy financial management is critical if you’re hoping to grow and stabilize your small business.
February 15, 2021
In the United States, the hair salon market is worth $47.1 billion. Clearly, the opportunity for financial success is there, but only if you have the funds to capitalize on it — which is what makes hair...
January 10, 2021
As a daycare center owner, your main goal is to care for children and provide them with the best experience possible. To achieve this, you should be generating new ideas that will keep your students...
8 minute read
Etsy is an online buying and selling platform that started in 2005 and became a publicly traded company in 2015. It’s similar to eBay or Amazon Marketplace, but you can only sell handmade items and...
September 23, 2020
As a restaurant owner in the U.S., you’re one of over 1 million restaurants nationwide. With this much competition, you must ensure that you keep up with customer demands. In addition to delicious food and a...
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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