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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
3 minute read
April 20, 2023
What to consider before signing off real estate or other precious possessions. Putting up collateral for a loan is a practice almost as old as civilization itself, with records of secured loans in ancient Mesopotamia,...
8 minute read
July 22, 2022
When you pursue a term loan, you’ll be provided with a set loan amount that you’ll need to pay off in a specific length of time. Typical business loan terms range from one to five...
5 minute read
July 15, 2022
Microlending or “microfinance” started with Nobel Laureate Muhammad Yunus in 1983. Yunus founded Grameen Bank to provide small loans to poor people worldwide. Back then, the average amount of Grameen Bank’s loans was $30.
Hopefully, if you’ve been operational for at least a few years, your company’s financial health has become stronger. If that’s the case, you should consider how you’re financing your business and ensure that current methods...
July 13, 2022
You may want to pursue a small business loan for numerous reasons. For example, maybe you wish to start or expand your business, or perhaps you want to improve your business cash flow or upgrade your...
July 12, 2022
Did you know that there’s about one veteran-owned business for every ten veterans in the United States, according to the Small Business Administration (SBA)?
July 11, 2022
Invoice factoring is an excellent financing option for many businesses. It can allow you to use your outstanding invoices to secure cash before your customers pay them. Also known as invoice financing, invoice factoring might make...
July 8, 2022
The Asian American and Pacific Islander (AAPI) community bring entrepreneurship and diversity to the U.S.
July 4, 2022
Although being a business owner is exciting, it can also be nerve-wracking, especially when a recession hits. The good news is that there are ways you can reduce the impact the recession has on your...
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Fora Financial Announces $126.9 Million Securitization
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
Funding Amount: $100,000
Industry: Delivery Service
Use of Funds: Equipment