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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 6, 2022
Revenue in the senior care industry declined sharply in 2020 due to COVID-19. While the worst of the pandemic seems to be over, challenges remain for home health and senior care business owners. In particular, many providers...
6 minute read
There’s no shortage of business loans, lines of credit, or merchant cash advances on the market. While the large selection of financing products is excellent, it can also be overwhelming for small business owners to...
In 2011, US e-commerce sales hit $199 billion. In 2019, e-commerce sales reached $576 billion, which amounts to 189 percent in sales growth over eight years. The following year, when the pandemic hit, sales spiked 31 percent...
Running a successful, lucrative dental office is the goal of every dental professional. To do this, you must keep your patients happy and maintain your business’s finances responsibly.
As a small business owner, it's vital to establish a good credit score when starting a business. Without solid credit, you won't be able to afford additional financing. This is crucial because you likely won't...
Running a small business can be a tumultuous, unpredictable job. There will be times that you experience unexpected highs and lows, especially when it comes to your small business’s finances. To improve your business’s financial...
June 1, 2022
If you haven’t taken out a small business loan before, it’s common to feel overwhelmed by the loan process. Even if you have been previously approved for a loan amount, you may need to brush...
If you’re a small business owner, you already know how to make the most out of scarce resources. That said, working capital loans may be a tool that you’ve previously overlooked.
Business credit is essential for several reasons. You’ll find it easier to obtain financing with lower interest rates and more favorable terms with a good business credit score. You can also land better deals with...
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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