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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
4 minute read
February 20, 2024
Getting certified as a Minority Business Enterprise (MBE) can open the doors to corporate and federal business contract opportunities. It may also help you qualify for grants and business development training. However accessing these benefits...
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1 minute read
February 13, 2024
Fora Financial, a leading provider of short-term financing to the SMB community, announces that it has surpassed $4 billion in capital provided to more than 55,000 small businesses since its inception in 2008. The company...
2 minute read
January 30, 2024
Fora Financial, a leading name in the small business financing industry, is excited to announce a significant enhancement to its funding process. In a move aimed at providing greater flexibility and ease to business owners,...
January 16, 2024
For small business owners, managing credit is a critical aspect of financial success. Understanding the nuances of credit inquiries, both hard and soft pulls, is key to making informed decisions that impact your business's financial...
5 minute read
January 9, 2024
Trends come and go, though Crocs remain. But when it comes to small business trends, developments in tech, HR practices, and sustainability, among others, are perennial. Yes, AI was all the rage in 2023, with...
January 3, 2024
Coworking spaces are hardly a new trend. But recently, the combined buzz of the pandemic and the downfall of WeWork, once the largest name in the field, has helped to redefine co-working's value proposition. Did...
6 minute read
December 19, 2023
Lenders have been reducing the number of business-loan approvals throughout 2023. What's more, the American Bankers Association's Q4 Credit Conditions Index forecasts that this downward trend will last into midyear 2024, if not longer. The...
December 12, 2023
One of the many ways a small business can obtain funding is through a revenue advance (RA). With this funding product, you draw an advance on future sales. Since it's not a loan, the RA...
December 5, 2023
For women going it on their own as business owners, news, advice, and a sense of community can be as close as the nearest blog. But since the topic of women at the helm is...
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News
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