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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
October 26, 2023
While you surely know about Florida's attributes as a tourist destination, are you up to speed on its explosive small business growth? In 2022, the Miami/Fort Lauderdale/West Palm beach metropolitan region filed almost 41 new...
4 minute read
October 17, 2023
Owning a franchise, whether it’s a branch of a national burger joint or a hardware store, is an appealing proposition to a budding entrepreneur. In the best of scenarios, you can reap the benefits of...
5 minute read
October 10, 2023
You're sitting at your kitchen table or desk, gathering information about batting cages in the area for your up-and-coming Yankee or Marlin. Five places you've found in your area have their hours, fees, and equipment...
September 19, 2023
One of the greatest bounties of being the boss is the option to keep your firm running for as long as you like — until you're ready to move on to your next chapter. Yet,...
September 12, 2023
The stress and isolation of the pandemic years has contributed to a greater focus on workplace mental health going forward. Reflecting this commitment, a 2022 study revealed that 77 percent of business owners surveyed are...
September 5, 2023
Outsourcing, the practice of using an outside business partner to handle what might otherwise be an internal business function, has become a staple of business-to-business commerce. According to a LinkedIn report, the most common outsourcing...
August 29, 2023
It's not uncommon for sole proprietorships to co-mingle personal and business accounts. Many self-employed freelancers, tradespeople, or domestic workers may often find it easier for their clients to pay them via Venmo, or Zelle, for...
August 15, 2023
It's a scene you could have never imagined happening at your firm: A star employee is accusing his coworker of harassment and is promising to sue. Now what? Frantically, you call your lawyer at 10...
August 8, 2023
Ever notice how TV shows about family businesses are typically full of high drama? Whether it was the classic, "Dynasty," or more recently "Succession," a family business can be a setting for high drama and...
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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