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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
January 29, 2022
Despite the havoc of the pandemic, Utah managed to pace the nation with the smallest decline in GDP. In fact, from 2019 to 2020, real GDP in Utah fell just 0.1 percent.
January 28, 2022
In December 2020, the UH Economic Research Organization pegged Hawaii’s unemployment rate at 11.6 percent. At the time, it was the second-highest unemployment rate in the nation. In addition, in 2020, Hawaii’s real GDP declined...
January 27, 2022
The two things you can do to secure low-interest business loans are to 1) know your business financing options and 2) improve your financial situation.
January 26, 2022
Arizona is home to more than 600,000 small businesses. According to the U.S. Small Business Administration (SBA), these businesses employ 1.1 million workers and represent 42.9% of the private workforce in the state. The most...
January 25, 2022
Lenders require bank statements for several reasons that you’ll learn about in this post. The main reason, though, is that lenders need to verify that you meet their lending standards. Bank statements help lenders do...
January 24, 2022
In business and in life, even the best-laid plans go astray. The good news is, same-day business loans can help small business owners to capitalize on unexpected business opportunities or mitigate unforeseen disasters.
6 minute read
If you're a small business owner with a growing business, you're likely doing things right. If your profits are increasing year over year, you're probably moving in the correct direction. However, one of the most...
January 22, 2022
According to the latest figures from the Small Business Administration (SBA), there are 136, 535 small businesses in New Hampshire. These businesses employ over 300,000 workers and make up 49.8% of the total workforce in...
January 21, 2022
Data from the Small Business Administration (SBA) reveals that there are 647,639 small businesses in Washington, which account for 99.5% of all businesses in the state. These small businesses employ 1.4 million employees or 50.7%...
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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
