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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
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...
4 minute read
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...
5 minute read
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...
August 27, 2024
The Small Business Administration (SBA) received more than 500 applications for financial assistance after Baltimore's Francis Scott Key bridge collapsed in March. Other recent disaster headlines are reminders that a natural or man-made disaster can...
August 13, 2024
Changes in tax laws, labor trends, and the role of artificial intelligence are just a few of the topics making small-business headlines recently. Here's our roundup: HR TRENDS: Keeping summertime fun. Small business owners are...
August 6, 2024
America's entrepreneurs look on the bright side of life. According to recent polling from the U.S. Chamber of Commerce, 73 percent of small business owners say they expect their revenues to increase in the next...
July 23, 2024
The "gig economy" has given rise to all kinds of side hustles that could grow into something much larger — a full-fledged business. Still, your business finances might be tied to your personal checking account....
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News
Fora Financial Announces $126.9 Million Securitization
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
Funding Amount: $100,000
Industry: Delivery Service
Use of Funds: Equipment