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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
December 9, 2021
If you're a restaurant owner, you may wonder whether a business line of credit makes sense. A business line of credit is a flexible financing option that can allow you to borrow money whenever you’d...
December 8, 2021
In 2020, there were 149,355 small businesses in Maine. These small businesses accounted for 99.2% of all businesses in the state and created 5,924 new jobs.
December 7, 2021
Business credit cards can be useful and convenient funding tools, but only when they’re repaid in full each month. If you own a small business that has significant credit card debt, you may be wondering...
December 6, 2021
There are about 2.5 million small businesses in Florida. Small businesses support about half of the state’s economy and create nearly 3 out of every 4 new jobs. Several of the top industries include construction,...
December 1, 2021
Unfortunately, business loan scams have been around for a long time and provide significant threats to business owners. Per the Federal Trade Commission, nearly two thirds of companies surveyed by the Better Business Bureau said they’d...
November 29, 2021
In the real estate industry, fast cash is often required to capitalize on time-sensitive opportunities. Yet, other than some conventional loans, most business funding lenders take a long time to provide funds. Or, it doesn’t...
Once you receive a business loan offer, you may be tempted to accept it right away. Before you sign on the dotted line, however, there are certain factors to consider.
The number of women opening their own businesses has increased greatly in the past few years. In fact, per the National Association of Women Business Owners (NAWBO), more than 11.6 million businesses are owned by women!
You’re probably aware that applying for a U.S. Small Business Administration (SBA) loan involves significant paperwork. To qualify for certain SBA loan programs, one of the forms that you’ll have to complete is SBA Form 413....
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Fora Financial Announces $126.9 Million Securitization
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
Funding Amount: $300,000
Early Renewal: Additional $300k available in 60 days
Industry: Construction
Use of Funds: Cash Flow