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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
February 1, 2020
Automation has been disrupting manufacturing, retail, and other industries on a massive scale for years. Yet as we marvel at the incredible amount of work being automated, it’s easy to forget the little stuff. Repetitive...
It’s hard to believe that scammers target small business owners, but they do. In fact, they're likely to go after small businesses rather than larger ones. Big businesses have more resources to counteract these types...
The terms boss and leader often get used interchangeably. Being a boss, however, isn't the same thing as being a leader. In fact, there are many differences between bosses and leaders. If you’d like to...
Did you know that anxiety is among the most common mental health-related conditions for business owners? Mismanaged anxiety in leadership can cripple both productivity and bottom-line revenues of a company.\n\n\nIn addition, much like its twin...
January 30, 2020
The ability to quickly hire the right individuals is a crucial requirement for any successful business. But what if you have positions that you’re struggling to fill?\n\n\nIf you find yourself in this situation, you might...
If you’re a business owner, growing your business is likely at the top of your priority list. Some of the most common ways to grow a business include attracting new customers, retaining current ones, and...
Most small business owners never expect to get sued. However, it happens more frequently than people know. There are no methods to eliminate the risks of litigation completely. It's a prevalent aspect of society and...
January 29, 2020
All businesses need capital to operate, which places demands on finance teams to allocate capital efficiently. When teams aren't efficient, companies can falter. They won’t get the funding needed promptly to continue operations.
January 27, 2020
Do you own a cabin on the water? How about a luxury condo in the heart of Manhattan? If you own a vacation rental property, it could act as a tax shelter that saves you...
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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