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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
5 minute read
May 6, 2021
If you’d like to increase your cash flow or grow your small business, you may want to consider peer-to-peer loans.
As you explore financing options, you may come across asset-based lending. At their core, asset-based loans are backed by business assets. While every loan is unique, most of them act as business lines of credit,...
April 29, 2021
Due to the coronavirus pandemic, the Small Business Administration (SBA) is offering PPP loans until May 31st. However, since the program first rolled out, a few changes have been made.
April 22, 2021
Applying for business financing is often time consuming, but it can be necessary to keep your business up-and-running.
April 19, 2021
Running a small business in the city that never sleeps is something that many businesses strive for, but it isn’t always as glamorous as it may seem.
April 9, 2021
In a perfect world, you’d be able to take out a small business loan without paying any additional fees. The reality, however, is that business lenders need to make money. Therefore, many of them charge...
Your employees are the backbone of your business, which is why it’s so important to hire the best ones possible. With the right team, you can increase productivity and take your organization to new heights....
April 7, 2021
When you apply for any type of secured loan, the lender will evaluate your business based on some variation of “The Five C’s.”
March 31, 2021
When you think about financing from the SBA, business loans likely come to mind. A less well-known type of SBA financing is the SBA CAPLines Program, also known as an SBA line of credit.
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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
