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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
February 25, 2022
Iowa is home to more than 250,000 small businesses. According to the U.S. Small Business Administration (SBA), these businesses employ 652, 496 workers and make up 47.8% of the workforce in the state. Professional, scientific,...
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February 23, 2022
Texas has consistently ranked near the top of any list of best states to start a business. In fast, last year it earned the top spot on lists from CNBC and Forbes, among other notable...
February 22, 2022
According to the U.S. Small Business Administration (SBA), South Dakota was home to 89, 942 small businesses in 2021, employing 210, 301 people or 58.5% of the total workforce in the state. Many small businesses...
February 21, 2022
In 2021, venture capitalists invested a record $329.9 billion in 17,054 deals. That means thousands of businesses received venture capital financing in 2021.
February 18, 2022
In 2021, there were 529,456 small businesses in Indiana. These businesses employed 1.2 million workers or 44% of the total workforce in the state. The most popular industries for Indiana small businesses include construction, professional,...
February 16, 2022
Since bridge loans are designed to cover gaps in financing, as they can help mitigate timing problems. This makes bridge loans valuable because, when it comes to business financing, timing is critical.
The fee associated with a prepayment penalty generally ranges from one to five percent of your prepayment amount. So in most cases, a prepayment fee will cost you at least a few thousand dollars. Financing...
Following a disaster — once you’ve ensured that everyone’s safe — the first thing your mind turns to is how much you’re going to have to pay to recover.
February 15, 2022
The latest figures from the Small Business Administration (SBA) show that there were 73, 981 small businesses in Alaska. These businesses employ 136, 455 workers and account for 99.1% of the state’s total workforce. The...
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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
