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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
6 minute read
February 7, 2022
To guarantee the future of your business, you should frequently assess how you can improve your existing strategies. Perhaps you need to update equipment or want to hire more employees. Having funds for these projects...
9 minute read
SBA loans are guaranteed by the Small Business Administration (SBA), and are issued by lenders participating in the SBA lending program. Typically, these small business lenders are banks. The SBA guarantees up to 85 percent...
5 minute read
One notable financial document that all business owners should utilize is a balance sheet, which can be used to monitor your business’s financial health. Balance sheets are used internally to guide management decisions. Externally, they...
January 31, 2022
If you haven’t established good credit history, your financing options will be limited. However, that doesn’t mean that there aren’t attractive financing alternatives.
10 minute read
If you have a passion for food but don’t want to open a restaurant, consider opening a food truck business. It’s less expensive than starting a brick-and-mortar restaurant and a great way to start a...
January 29, 2022
Despite the havoc of the pandemic, Utah managed to pace the nation with the smallest decline in GDP. In fact, from 2019 to 2020, real GDP in Utah fell just 0.1 percent.
January 28, 2022
In December 2020, the UH Economic Research Organization pegged Hawaii’s unemployment rate at 11.6 percent. At the time, it was the second-highest unemployment rate in the nation. In addition, in 2020, Hawaii’s real GDP declined...
January 27, 2022
The two things you can do to secure low-interest business loans are to 1) know your business financing options and 2) improve your financial situation.
January 26, 2022
Arizona is home to more than 600,000 small businesses. According to the U.S. Small Business Administration (SBA), these businesses employ 1.1 million workers and represent 42.9% of the private workforce in the state. The most...
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Fora Financial Announces $126.9 Million Securitization
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
Funding Amount: $100,000
Industry: Delivery Service
Use of Funds: Equipment