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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
6 minute read
July 19, 2023
For three years now, my sales team and I have worked with many small-business clients hit by the pandemic and/or inflation. They've stared down challenges such as finding and paying for inventory, maintaining staff, and,...
3 minute read
July 18, 2023
In theory, a seasonal business owner should look forward to the off-season. With the hustle of those busy peak months behind you, what better time to focus on long-term projects like renovations or a new...
4 minute read
July 11, 2023
Any business owner who spends time and money resolving delinquent invoices understands the value of prepayment agreements. But in addition to cutting AR overhead, prepayments can be a boon to your firm's cashflow. They'll also...
July 5, 2023
With interest rates continuing their rise, many business owners may be inclined to ditch their plastic. Are they on to something or jumping the gun? The average APR on a business credit card has climbed...
June 27, 2023
When it comes to employee satisfaction, America’s employers have some work to do. Only six out of ten workers polled say that their employers are providing benefits that meet their personal and household needs, according...
June 20, 2023
Most firms can do more than they realize to curb the effects of rising prices on the bottom line. Price increases in New York City are as common as rush hour traffic and fights between...
1 minute read
June 16, 2023
We are thrilled to announce that Fora Financial is celebrating its 15th anniversary! It is a remarkable milestone that we couldn't have achieved without the unwavering support and trust of our incredible customers, partners &...
June 7, 2023
With private investment playing a large role in American small-business development, should your firm be looking to the heavens for an angel of its own? Do you want one of the mega-entrepreneurs on Shark Tank...
2 minute read
May 31, 2023
What are you waiting for? Get your business behind a local cause and reap the rewards. Why should you engage? You can express your firm’s ethos & its values, traditions, and attitudes & by engaging...
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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