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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
August 1, 2023
DBA? LLC? Sole proprietorship? Knowing the basics of business structure keeps you from getting stuck in the weeds. The concept of choosing a structure for your small business can be confusing. If you asked the...
3 minute read
July 18, 2023
In theory, a seasonal business owner should look forward to the off-season. With the hustle of those busy peak months behind you, what better time to focus on long-term projects like renovations or a new...
July 11, 2023
Any business owner who spends time and money resolving delinquent invoices understands the value of prepayment agreements. But in addition to cutting AR overhead, prepayments can be a boon to your firm's cashflow. They'll also...
July 5, 2023
With interest rates continuing their rise, many business owners may be inclined to ditch their plastic. Are they on to something or jumping the gun? The average APR on a business credit card has climbed...
June 27, 2023
When it comes to employee satisfaction, America’s employers have some work to do. Only six out of ten workers polled say that their employers are providing benefits that meet their personal and household needs, according...
2 minute read
May 10, 2023
College costs continue to soar. According to U.S. News & World Report, average tuition and fees can be as high as $40,000 per year at a private four-year school. It’s no surprise then that four...
6 minute read
March 14, 2023
The need for substance abuse and rehabilitation facilities is growing rapidly. According to the Substance Abuse and Mental Health Services Administration (SAMHSA), alcohol and drug users report increased use since the 2020 pandemic. Opening a...
March 8, 2023
If you’re an aspiring electrician, you need to know about electrician loans and how to get a loan as an electrician. Electricians fall into the "micropreneur" category as self-starters who want to run their own...
March 1, 2023
If you’re interested in getting into the coffee industry, you might be considering a business loan to open a cafe. Getting a coffee loan can jumpstart your business and give you the funds you need...
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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