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feature a fixed payback schedule that helps in budget planning.
a variable-payment solution, accommodates temporary revenue dips.
by FORA FINANCIAL
6 minute read
March 16, 2021
Nearly every industry requires equipment to properly function. Examples of industries that require significant equipment include, but aren't limited to: Restaurants Construction firms Office-based businesses Medical firms Manufacturing companies Although equipment is necessary, it doesn't...
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5 minute read
March 12, 2021
If you have bad credit, getting approved for a term loan—or even a credit card—can be immensely frustrating. That’s partially why small business grants are a popular alternative to debt financing.
4 minute read
March 11, 2021
Fortunately, it's often possible to prevent or correct the worst kinds of revenue leakage. You just have to be willing to identify and face the problem. So, what is revenue leakage and how do you...
March 10, 2021
If you own a home with some equity and wish to start a small business, a home equity loan can help. However, before you pursue this type of loan, you should weigh the pros and...
Has your small business been hurt financially due to a natural disaster like a hurricane, earthquake, or the coronavirus pandemic? If so, Economic Injury Disaster Loans (EIDLs) are an option.
March 8, 2021
You may know that American Express offers business credit cards to help you cover a variety of business expenses. What you may not know, however, is that the credit card issuer also provides small business...
March 5, 2021
Most likely, you can't Imagine a world without successful companies Uber, Netflix, or Amazon. Yet, there was a time when these companies were selling ideas that no one had ever considered. They may have even...
Whether you’re starting a new business or hoping to grow your existing company, having ample financing is key. Since cash flow is often unpredictable in the early stages of any business, outside funding can help...
February 23, 2021
Managing your restaurant's finances probably isn’t why you got into the restaurant industry. Still, savvy financial management is critical if you’re hoping to grow and stabilize your small business.
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Fora Financial Extends, Upsizes $26 Million Investment-Grade Corporate Note Issuance
Funding Amount: $825,000
Industry: Education
Use of Funds: Inventory
Funding Amount: $775,000
Industry: Commercial & Residential Electric
Use of Funds: Personnel and Equipment Upgrades
Funding Amount: $2,000,000
Industry: Construction
Use of Funds: Bridge funding
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