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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
June 6, 2022
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...
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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.
6 minute read
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...
May 26, 2022
At $40,873, West Virginia’s per capita disposable income ranked 49th out of 50 states, based on 2018 data. For many entrepreneurs, particularly in high-end markets, low disposable income is an economic non-starter.
May 25, 2022
Small Business Administration (SBA) loans are popular due to their favorable terms, long loan periods, large loan amounts, and affordability. Entrepreneurs can use SBA loans for various investments to pursue future growth.
Each year the Small Business Administration (SBA) helps entrepreneurs like you secure the financing they need to start or grow their business.\nStill, every one of the entrepreneurs who received these business loans had to fill...
Many entrepreneurs pursue small business loans to fulfill their additional financing needs. Even profitable businesses often need a cash injection to expand operations, place inventory orders, pay for real estate, or afford monthly payments, to name a...
May 24, 2022
Louisiana may not be the economic powerhouse that Texas, its western neighbor, is. Yet, with the right approach, and a Louisiana business loan, there’s still plenty of opportunity in this state for entrepreneurs. In fact,...
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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
