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feature a fixed payback schedule that helps in budget planning.
a variable-payment solution, accommodates temporary revenue dips.
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by FORA FINANCIAL
5 minute read
January 14, 2020
It's often mentioned that one of the most critical factors to small business success is cash flow management. However, it can be challenging to find a business bank account that checks all the boxes.
January 10, 2020
Regardless of your business's industry, your success depends on your ability to make good decisions. Of course, making good future decisions is easier said than done.
January 8, 2020
Finding someone to invest in your business is one thing. However, managing that relationship once it’s established is a whole new can of worms.
January 1, 2020
A financial forecast is a method of predicting your business's financial outcomes. It uses previous data to create an accurate report of future performance.
December 27, 2019
In recent years, more small businesses than ever have been using environmental stewardship to their advantage. Regardless of your industry, it can make a positive difference in your reputation, operations, and overall bottom line.
December 23, 2019
Having access to the latest financial information is essential to running a successful business. However, it’s difficult to trust information from unfamiliar sources, which is why it's crucial to find great resources that you can...
When you know the signs of pending financial struggles, you can take measures to correct them. Some situations may only be temporary and won’t need correcting. However, if they happen often, they could cause lasting...
December 21, 2019
Starting a business requires you to fill a variety of roles: CEO, CFO, head marketer, IT department, tax preparer, bookkeeper, and more. There's a learning curve for each of these roles, even if you weren’t...
December 19, 2019
Many small business owners don’t see the need to spend money on business insurance, but this could be a costly mistake. According to The Hartford insurance company, 43 percent of small businesses were hit with...
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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