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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
March 15, 2020
Regardless of your business's industry, it’s likely that you depend on access to high Internet speeds. Whether you download files, stream audio and video, or run software, reliable internet service providers are essential to your...
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Regardless of your business's industry, a basic understanding of accounting is critical. However, to get that understanding, there are many details you’ll need to learn about. One of those details is financial documentation.\n\n\nIn accounting, there...
March 14, 2020
If you own a business and have noticed struggles relating to sales, you may wonder what to do to improve. One of the most common pain points for retail businesses is improper inventory controls. Knowing...
In a perfect world, every employee would be treated fairly, regardless of their age. Unfortunately, this isn’t always the case. Sometimes, employees experience unfair treatment because of how old or young they are. This is...
March 13, 2020
Sometimes you have business projects that are difficult to visualize accurately. There are many moving pieces, and keeping track of everything goes far beyond a simple to-do list.\n\n\nOther times, you have teams that may be...
March 11, 2020
Susan Cain examined society’s bias towards extroversion in her book, Quiet: The Power of Introverts in a World that Can’t Stop Talking. She highlighted how, particularly in business, we idealize the extrovert. The person who's...
Whether you’re starting a business or you’ve been running one for years, you know the importance of marketing. In today’s online world, digital marketing is likely a major component of your overall strategy.
March 10, 2020
For many entrepreneurs, there was a tremendous learning curve associated with their business success. Whether an experienced MBA or lacking formal education, there are always new problems. To face these challenges, you must be able...
March 9, 2020
A decade ago, most consumers didn’t know what a subscription box was. There were some early adopters in this market, such as The Sampler, an art-based subscription, which started in 2004. However, the trend really...
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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