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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
5 minute read
January 15, 2021
Most likely, you understand the difference between secured and unsecured small business loans. However, you might not be sure if you'll qualify for an unsecured loan, especially if you're pursuing SBA financing.
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January 13, 2021
Working from home provides many benefits to business owners, such as added convenience and affordability. However, it has one distinct disadvantage; working from home can de-legitimize your business in the eyes of certain clients.
January 10, 2021
The Small Business Administration (SBA) helps business owners obtain additional working capital. If you’re in need of a loan to start or expand your business, you may find that SBA loan options fit your funding...
3 minute read
Depending on your business’s industry, gross profit may be more relevant than net income or other performance measures. Although these figures are all obviously highly related, understanding the differences between them is still very important...
As a daycare center owner, your main goal is to care for children and provide them with the best experience possible. To achieve this, you should be generating new ideas that will keep your students...
8 minute read
Etsy is an online buying and selling platform that started in 2005 and became a publicly traded company in 2015. It’s similar to eBay or Amazon Marketplace, but you can only sell handmade items and...
January 6, 2021
Hopefully, you’ll never have to deal with a delinquent loan as a small business owner. That said, delinquency is an important concept to understand if you’re borrowing money, or plan to borrow money to finance...
December 16, 2020
For any business, there are many important balances to strike. You must provide great service, but at a reasonable cost. You want to allow employees their freedom and creativity, without creating chaos.
December 15, 2020
Amazon Pay is a payment option that can allow your business to accept credit and debit card payments. It makes it easy for customers to pay for their purchase because they won’t have to create...
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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