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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
May 23, 2022
You can keep your business running smoothly and pursue long-term growth opportunities by taking out a small business loan. Depending on the type of loan you apply for, you may need to make a down...
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May 19, 2022
Wisconsin is home to more than 461,525 small businesses, according to the most recent figures by the U.S. Small Business Administration (SBA). These businesses employ 1.3 million workers and comprise 49% of the private workforce in...
May 18, 2022
Deciding to downsize your business may be the most challenging decision you make for your company. Some people who helped you build your business will lose their jobs, and your company’s growth may stall.
After months or even years of planning, you’re finally ready to introduce your small business to the world. A grand opening event is essential to your launch plan and shouldn’t be an afterthought. This is...
As a small business owner, there may come a day when you decide to transfer ownership of your business. Perhaps you'd like to retire and want to transfer ownership to a family member. Or, maybe...
The Small Business Administration (SBA) provides business owners with various funding options. Although most businesses pursue the 7(a) loan, the SBA’s most popular product, you should also be aware of their other SBA financing options...
May 16, 2022
Credit cards aren’t the right funding option for every small business owner. For example, a high-limit credit card might do more harm than good if you struggle with budgeting.
Owning a lucrative liquor store business can seem like an easy venture, but numerous components determine success.
As you know, the past few years have created profound challenges for business owners across the globe. Now more than ever, many entrepreneurs require business financing options, such as small business loans, to maintain their...
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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
