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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
4 minute read
December 3, 2024
The best way to avert a business-loan scam, whether it shows up online, in your mailbox, or on the phone, is to learn the most common red flags. Here we share common scams and the...
November 5, 2024
Do you need a loan? You're not alone. In their quest to grow, small businesses borrow more than $100 billion per year. And you can be among them — if you make a clear case...
October 22, 2024
Audits are an essential part of the federal taxation process — and with good reason. In-person field audits and audits managed by mail are responsible for recovering billions in unpaid taxes. In fiscal year 2023...
6 minute read
October 15, 2024
Credit cards are one of the most popular forms of business credit. But they can't always address your firm's needs. When times are tough, a business line of credit can help you to make payroll,...
October 8, 2024
Without determining the likely risk of providing financing to potential small business borrowers, lenders can't make informed decisions about which loan applications to approve. They also need the same vital information to decide on funding...
September 24, 2024
When you provide goods or services, you get paid. That's revenue. But when you get paid before you actually provide the goods or services, you're collecting unearned revenue. And there's nothing wrong with that: Many...
September 19, 2024
Congratulations! Your first cupcake shop has been a huge success. (Especially the red-velvet cheesecake recipe.) Now you're ready to branch out and share your success with a new set of hungry customers. But whether you're...
August 22, 2024
Business owners look for financing options for many different reasons, including acquiring new equipment, inventory, or property or simply to maintain a positive cash flow to cover operating expenses. But how long does it take...
August 20, 2024
During the summer, Della's Delectable Delights, a gourmet market on the New England coast, is busy from dawn 'til dusk. But when the weather cools off, its apple pie and pumpkin-spice coffee sales aren't enough...
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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