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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
October 19, 2018
Fora Financial, a working capital provider to small business owners nationwide, announced today that it has partnered with New York Cares, the largest volunteer network in New York City, to provide important and necessary support...
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October 16, 2018
The danger of working in the construction industry is a harsh reality. In fact, out of the 4,693 worker deaths in 2016, about one in five, or 991 total, was construction related.
October 15, 2018
If you’ve recently inherited business, you probably have an endless supply of questions running through your head. The business world doesn’t sleep, and you’ll need to keep the company running during the transition. But what’s...
October 9, 2018
As a business owner, you likely obsess over how you can improve their bottom line. While this is certainly important, you shouldn’t neglect your personal needs, because this can end up being detrimental to your...
September 27, 2018
As a business owner, you know capital is necessary when starting a new business or expanding an existing one. That’s why the Small Business Administration (SBA) offers several types of loans to small firms.
September 21, 2018
As all business owners know, running an office means dealing with a lot of paperwork which can lead to significant paper waste. If being more eco-friendly is a priority for your company, reducing the amount...
September 20, 2018
Small business owners are often approached by family members and friends that are look for job opportunities. While it can be tempting to offer a position to someone you know, the decision should be carefully...
Looking to escape the 9 to 5 grind? If sitting behind a desk for eight hours a day doesn’t seem like your ideal work environment, you should consider starting your own business, based on your...
September 11, 2018
Let’s face it; marketing can be a pain. If your company is small, you might not have staff members with the necessary skills, such as graphic design. Developing your business’s brand image can be a...
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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