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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
4 minute read
January 7, 2025
Growing your business means you need to focus best on what you — and only you — do well. Meanwhile, other people on your staff can manage sales, finance, human resources, because that's what they do...
December 17, 2024
The year may be winding down, but small-business headlines are buzzing with news of increased small-business optimism, changes in federal regulations, and reports of improved holiday sales over last year's receipts. Here's our roundup of...
5 minute read
November 26, 2024
"The customer is always right" became a motto of American commerce more than a century ago. Ever since, it's been a reminder to business owners that customer needs and wants come first, regardless of any...
November 19, 2024
Leave Black Friday to the big box stores. Your next big sales day is Small Business Saturday. Last year, consumers bought more than $17 billion in goods and services on SBS, according to American Express....
3 minute read
November 12, 2024
Holiday shopping is on the upswing, and expected to continue that trend: End-of-year sales in 2023 rose 3.8 percent over 2022 receipts to $964.4 billion, according to U.S. Census Bureau data compiled by the National...
October 29, 2024
Warren Buffett once said, "It takes 20 years to build a reputation and five minutes to ruin it." When you take the speed and global range of the internet into account, his assertion rings truer...
October 1, 2024
While Marcy is shopping for flowerpots at her local big-box store, an email comes in on her phone: "Congrats! You now have 300 points to spend in your Happy Valley Nursery Loyal Customer account!" So...
September 17, 2024
What are some of the most important metrics of success? Here's a surprise: The number of happy customer reviews you have is probably not one of them — though they certainly help. You need to...
6 minute read
September 3, 2024
Starting a business and creating a business plan is a great example of that old saying: The more you know, the more you know you don't know. With that in mind, what are some of...
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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