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feature a fixed payback schedule that helps in budget planning.
a variable-payment solution, accommodates temporary revenue dips.
by FORA FINANCIAL
5 minute read
April 6, 2022
A business line of credit is a flexible funding option beneficial for smoothing out cash flow. However, it’s often difficult to get approved for a line of credit, especially if your credit score is low....
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March 28, 2022
Known as “The Gem State,” Idaho’s largest industries are tourism, agriculture, advanced manufacturing, aerospace, energy, and technology.
Small Business Administration (SBA) Loans are a popular option for businesses that require access to quick financing.
SBA Form 912 – Statement of Personal History is a document that the Small Business Administration (SBA) uses to evaluate individuals’ character and credit eligibility when applying for an SBA loan.
March 23, 2022
Whether you’re a new business owner or a veteran in your industry, accessing additional working capital can be challenging.
The Small Business Administration, (SBA), offers several loan programs to small business owners. One of their most popular financing options are CAPLines.
March 21, 2022
As of 2021, Delaware was home to 88,051 small businesses, which accounted for 190,042 workers or 46.8% of the state’s total workforce. The top industries in Delaware include professional, scientific, and technical services, real estate,...
March 17, 2022
There are more than 32 million small businesses in California. The latest figures from the U.S. Small Business Administration (SBA) reveal that these businesses employ 61.2 million workers and account for 46.8% of the workforce...
March 16, 2022
In real estate, traditional financing typically comes from banks, credit unions, and other mortgage lenders. However, these traditional lenders tend to have strict terms and qualification criteria, making it challenging to get approved for financing....
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Fora Financial Secures New $200 Million Credit Facility, Expanding and Diversifying Capital Resources
Funding Amount: $2,000,000
Industry: Construction
Use of Funds: Bridge funding
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