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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
5 minute read
March 21, 2022
Starting your own business is an exciting process that requires various decisions. These decisions range from determining what you’ll name your company to whether you’ll hire employees or become a solopreneur.
Over the past few years, Bitcoin has changed the finance game forever. As Bitcoin grew, the concept of blockchain and alternative coins grew alongside it. With this growth came the realization of cryptocurrency as a...
March 16, 2022
If you’re a business owner, you're likely looking for ways to increase sales and grow your business. By using Facebook Marketplace, you to do just that.
4 minute read
March 14, 2022
Dealing with unpaid invoices is an unfortunate, but sometimes inevitable, part of being a small business owner. Although the experience can be stressful, it’s still vital that you know how to collect unpaid invoices. After...
March 7, 2022
Being a women entrepreneur is extremely rewarding; you’ve taken your business vision and turned it into a reality!
February 16, 2022
Operating on a cash-only basis can be risky when starting your own business. If you have a business banking account, a small business debit card offers a convenient and simpler way to afford everyday purchases....
6 minute read
February 9, 2022
To develop the habit of reading, you should try to read every day. When choosing your reading material, try to pick content that will help you grow as a small business owner. To kick start...
9 minute read
February 7, 2022
SBA loans are guaranteed by the Small Business Administration (SBA), and are issued by lenders participating in the SBA lending program. Typically, these small business lenders are banks. The SBA guarantees up to 85 percent...
One notable financial document that all business owners should utilize is a balance sheet, which can be used to monitor your business’s financial health. Balance sheets are used internally to guide management decisions. Externally, they...
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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