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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
February 22, 2020
Thanks to the rise of cryptocurrency and blockchain technology, we hear the term ICO all the time. Since ICO sounds a lot like IPO, many people assume these terms are the same. The reality, however,...
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4 minute read
When you earned your medical degree, you swore an oath to “first do no harm” to your patients. However, even if you've taken that promise seriously, mistakes happen. When medical mistakes occur, there's a chance...
Analyzing business data can get confusing and complicated. Plus, drawing conclusions based on spreadsheets of cells and numbers is often time-consuming.\n\n\nMaking business decisions needs to be a quick and informed process. One of the struggles,...
February 21, 2020
Fora Financial, a leading provider of working capital to small and medium-sized businesses nationwide, announced today that its Chief Financial Officer Andrew Gutman has been promoted to President. In his new role, Gutman will lead...
February 12, 2020
The average person spends one-third of their lifetime asleep. What if you could reclaim some of that time? A practice known as polyphasic sleep might allow you to do just that.
February 10, 2020
Microsoft Excel has been the gold standard spreadsheet application for decades. While it may seem like a simple tool, there are incredible complexities that can turn Excel into a powerhouse.
In a perfect world, you’d be able to afford all of your monthly business payments on time with zero stress. However, this is far from the reality for many small businesses. Some months, cash flow...
Consumers are exposed to marketing campaigns everywhere they turn. Magazines, television, and even the internet are all forms that marketers use to get the word out. Some marketing messages are great and do the job...
American Express’ Centurion Card, commonly known as the “Black Card,” is one of the most well-known prestige pieces on the planet. Causing imagery of ultra-rich dropping this metal card down to pay for luxury items...
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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