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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 28, 2021
Asking the right questions to a potential small business lender is critical to finding the ideal financing arrangement. Smart questions help you avoid surprises, plan how to spend your additional working capital, save money, and...
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June 24, 2021
Did you know that immigrants are significantly more likely to start their own business compared to native born United States citizens? Despite this fact, obtaining working capital from a traditional lender can often be more difficult for...
June 23, 2021
Once you receive business financing, you’ll likely have a few ideas on how you can use it to improve your business operations.
June 22, 2021
Most likely, if you’ve considered applying for business funding, you’ve heard financial institutions mention installment loans. They’re a popular funding option for business owners, which is why you should understand how they work.
June 21, 2021
With business growth comes higher stakes. Operating and capital expenses increase. Demand for your products and/or services spreads your resources thin. Still, as far as problems go, a growing business is a good problem to...
For small business owners, trying to secure additional working capital from a traditional bank is notoriously difficult and time-consuming.
4 minute read
As a small business owner, opportunities often arise to improve or expand your business. However, you may not have enough capital to fund these growth projects. Fortunately, there are a variety of business financing solutions...
June 18, 2021
As you may know, many entrepreneurs turn to AirBnB to make extra income using their existing property. This innovative online hospitality source allows homeowners to list a room or even their entire house to interested travelers.
Many small business owners apply for business loan to sustain their operations or pursue growth opportunities. Some use a loan when they start a business, while others utilize it after being operational for years. For...
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Funding Amount: $775,000
Industry: Commercial & Residential Electric
Use of Funds: Personnel and Equipment Upgrades
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