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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 16, 2024
For small business owners, managing credit is a critical aspect of financial success. Understanding the nuances of credit inquiries, both hard and soft pulls, is key to making informed decisions that impact your business's financial...
5 minute read
January 9, 2024
Trends come and go, though Crocs remain. But when it comes to small business trends, developments in tech, HR practices, and sustainability, among others, are perennial. Yes, AI was all the rage in 2023, with...
January 3, 2024
Coworking spaces are hardly a new trend. But recently, the combined buzz of the pandemic and the downfall of WeWork, once the largest name in the field, has helped to redefine co-working's value proposition. Did...
December 12, 2023
One of the many ways a small business can obtain funding is through a revenue advance (RA). With this funding product, you draw an advance on future sales. Since it's not a loan, the RA...
December 5, 2023
For women going it on their own as business owners, news, advice, and a sense of community can be as close as the nearest blog. But since the topic of women at the helm is...
November 21, 2023
Advertising might make you think of Madison Avenue tastemakers having flashes of inspiration as they dream up catchy slogans — you know, like Mad Men. But for most small businesses, it's a much simpler (and...
November 14, 2023
Recent holiday retail forecasts from the National Retail Federation (NRF) foresee modest growth in holiday spending as compared to last year, predicting a 3 percent to 4 percent increase in total sales. But there's a...
November 7, 2023
Do you know everything you need to about business liability insurance? If not, you’re in good company. A staggering 96 percent of business owners surveyed by Next Insurance, a business insurance provider, scored 70% or...
October 31, 2023
With personal and business bankruptcies up 10% from 2022, according to the United States Courts, it's inevitable that you'll come across someone who can't pay their bill. Having a process to follow and knowing what...
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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