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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
October 15, 2021
If you’ve taken out a business loan but are struggling to make your payments, you can apply for a small business loan extension. With a loan extension, you may be able to avoid defaulting on...
October 14, 2021
Examining your business's finances is the most important fundamental step you can take to prepare yourself for the business loan application process. Properly examining key business financial statements and information helps you:
October 13, 2021
When you apply for a loan, you may find business lenders that require a business loan proposal.
If you’re going through the retail business loan application process or have recently received financing, you likely have some ideas on how you want to improve your operations. However, it’s important to review your retail...
With more than 52,000 hotels in the U.S., it is pivotal to make your hotel stand out as much as possible. Unfortunately, it can be challenging to afford updates that will make your existing hotel an attractive,...
Online business loans are a popular way for small businesses to obtain financing. Most online lenders offer a wide range of funding options, as well as an easy approval process. They can also disburse money...
Businesses that need financing to export their products often find that traditional lenders won’t work with them. Often, this is because banks view providing loans for exporting as high risk.
October 12, 2021
Understanding business loan amortization is fundamental to accurately comparing one loan versus another.
October 11, 2021
Opening a gas station can be a very lucrative business venture to pursue. Gas stations are almost always in demand and make it easy to earn additional revenue from convenience store products, car washes and...
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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
