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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
7 minute read
April 20, 2022
If you want to expand your business, receiving a small business loan can help you accomplish your goals. The APR is crucial when applying for any type of business loan, as it affects the total...
4 minute read
April 18, 2022
Once you’ve decided on a great business idea, you’ll need to select a specific business structure. Although most business startups operate as sole proprietorships, many new businesses operate as general partnerships. Starting a partnership comes...
5 minute read
This Thursday, business owners nationwide will celebrate Get to Know Your Customers Day! On the third Thursday of each quarter (in January, April, July, and October), Get to Know Your Customers Day is observed, and...
April 13, 2022
As a small business owner, attracting and retaining customers is critical to your ongoing success. However, it can be challenging to determine which marketing tactics will generate the best results for your business.
March 28, 2022
Congratulations, you've decided to take the plunge and start your own business. However, what comes next will significantly affect your chances of future success.
Being in a business partnership is a lot like being married; there are good times and bad times, wonderful creations are made, and it’s a bond unlike any other.
March 23, 2022
Unfortunately, even well before the COVID-19 pandemic, many Americans were one paycheck away from running out of money. That situation has worsened, with 63 percent of Americans living paycheck to paycheck in December 2020.
March 21, 2022
As a small business owner, it’s natural to wear numerous hats as you get your business off the ground. Yet, some of the jobs necessary for growing a business aren’t always the best use of...
Finding the right funding option to grow your business can be challenging, and most financing providers will want something in return.
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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