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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
August 27, 2021
In 2019, the Small Business Administration (SBA) guaranteed over $28 billion loan funds to small businesses that otherwise wouldn’t have had access to capital. That’s no small sum, but it’s a tiny fraction of the...
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August 26, 2021
Term loans come in many shapes and sizes and vary based on many types of financing lenders. Banks, credit unions, online lenders, and SBA lenders all provide term loan options that may fit your needs....
August 25, 2021
With tax season behind us, it’s the perfect time for your accounting firm to expand your operations and determine how you can serve more customers.
August 23, 2021
As a small business owner, access to working capital is critical for survival, from smoothing gaps in cash flow to hiring new employees and expanding your product line or services.
6 minute read
Suppose you're choosing among several plumbers to fix your leaky sink. Most likely, you'll hire the plumber who has been fixing leaky sinks for the longest time over the new business owner. After all, you'd...
August 18, 2021
Although nonprofit organizations don’t seek profits, they still need money to remain operational. In fact, some small business owners seek funding to grow their nonprofit programs and cover other costs. Business loans can provide access...
Grocery stores are high in demand; people are always going to need to purchase food and other household items. Still, competition can be stiff, especially if you're in an area with nearby competitors.\n\n\n
While having consistent ways of earning revenue is important, you should also implement new strategies to improve your operations.
August 17, 2021
It’s easy to get overwhelmed by the many different ways to express your small business loan cost. Annual percentage rates, interest rates, and annual percentage yields all tell you different things about the cost of...
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Fora Financial Appoints John Egerman as Chief Financial Officer
Funding Amount: $2,000,000
Industry: Commercial Construction
Use of Funds: Labor, Materials, Upfront Project Costs
Funding Amount: $105,000
Industry: Retail
Use of Funds: Bulk Inventory Purchase
Funding Amount: $244,000
Industry: General Dentistry
Use of Funds: Working Capital, Payroll, Line of Credit Paydown
Funding Amount: $1,000,000
Industry: Manufacturing
Use of Funds: Product Development, Working Capital
Funding Amount: $275,000
Use of Funds: Working Capital
Funding Amount: $1,500,000
Industry: Construction