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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
August 18, 2021
Although nonprofit organizations don’t seek profits, they still need money to remain operational. In fact, some small business owners seek funding to grow their nonprofit programs and cover other costs. Business loans can provide access...
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While having consistent ways of earning revenue is important, you should also implement new strategies to improve your operations.
August 17, 2021
It’s easy to get overwhelmed by the many different ways to express your small business loan cost. Annual percentage rates, interest rates, and annual percentage yields all tell you different things about the cost of...
If you have student loan debt and you’re seeking a business loan, you’re not alone. From 2007 to 2020, federal student debt tripled from $516 billion to $1.5 trillion. In 2018, two out of three...
August 16, 2021
If COVID-19 forced you to shut down your business, now is a great time to reopen. Since reopening does cost some money, you may want to consider a business loan for economic recovery.
Wondering what an SBA Community Advantage Loan is or whether you qualify for this relatively new type of small business financing?
Receiving financing from a working capital lender can be an advantageous way to improve your business’s operations.
August 13, 2021
In the past, you’d have to drive to a brick-and-mortar location and meet with a customer service representative to apply for a small business loan. Thanks to advances in technology, online business loans can allow...
August 12, 2021
In today’s increasingly competitive marketplace, marketing isn't an option; it’s a necessity. With an effective marketing plan, you can attract new customers, retain current ones, and stay ahead of your competitors.
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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