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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
August 5, 2019
Among the many factors that can hurt your business credit, charge-offs usually have one of the most severe effects.
July 30, 2019
If you’re like many entrepreneurs, you probably don’t enjoy day-to-day tasks like accounting and bookkeeping. Still, understanding these functions is critical to maintaining a healthy business and can’t be ignored — especially if you have...
July 29, 2019
If you live in one of the seven states where BBVA business credit cards are available and your credit score is fair (between 580 to 669) or bad, you should consider them as viable options....
July 4, 2019
Utah may not be synonymous with enterprise just yet, but the Beehive State is quickly establishing itself as a mecca for small business owners. With a population of just over three million, this large but...
July 3, 2019
The average business spends $200 per person per year on office supplies. Depending on your business's size, that can add up quickly. Saving money on office supplies can help your bottom line and might be useful...
June 28, 2019
In addition to being an effective tool that smooths out monthly cash flow, a credit card can help you track your expenses. Even better, as long as you pay your bills on time, you can...
There are numerous ways that you can afford your business’s expenses. With the help of business funding, you can ensure that you have enough capital to run your company. However, it's important to consider different...
June 21, 2019
If you’re diligent about paying your bills on time, an unsecured business credit card can be a cost-effective financing tool for your business. With no money down, an unsecured business credit card can provide short-term...
June 7, 2019
While Walmart is most widely known for its huge chain of retail stores, the company also offers both consumer and business credit cards through Synchrony Bank. Walmart’s cards offer generally competitive rates, and some feature...
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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