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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
December 16, 2020
For any business, there are many important balances to strike. You must provide great service, but at a reasonable cost. You want to allow employees their freedom and creativity, without creating chaos.
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December 15, 2020
Amazon Pay is a payment option that can allow your business to accept credit and debit card payments. It makes it easy for customers to pay for their purchase because they won’t have to create...
If you’d like to start, buy, or grow your small business, pursuing SBA loans may be a good choice. They're guaranteed by the U.S. Small Business Administration and issued by lenders like banks and credit...
December 11, 2020
As a small business owner, you have a personal credit score and a business credit score. Your business credit score shows how likely your business is to repay debt. Equifax is one credit bureau that...
December 4, 2020
Are you interested in implementing a break even analysis (BEA) for your goods and services? In this post, you’ll learn what a BEA is and how you can use it to determine the best product...
December 3, 2020
As a business owner, you’ll need a system to ensure that you're accurately managing your business’s financial information. For many business owners, the general ledger is the foundation of that system. A general ledger should...
December 1, 2020
If you've been working from home for a long time, then you may be wondering if it’s time to rent an office space. Or, you may be amongst the business owners that have been forced...
8 minute read
November 17, 2020
When you start a business, you may consider yourself an entrepreneur. After all, an entrepreneur is an individual who runs their own business. However, you may be more of a micropreneur than an entrepreneur. This...
November 16, 2020
If organizing your business’s finances isn’t a main priority, rest assured you’re not alone. A recent study from TD Bank revealed that 27 percent of small business owners use the same checking account for their personal and...
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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