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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
September 26, 2019
Bank of America (BofA) is the second largest bank in the United States, with more than $2.2 trillion in assets and over 4,500 retail centers. Due to the company’s huge presence and global brand, it...
September 24, 2019
Based out of Waterbury, Connecticut, Webster Bank has branches in Massachusetts, Rhode Island, Connecticut, and New York. The bank was founded in 1935 and has over $27 billion dollars in assets. In addition, they offer four credit...
September 20, 2019
Choosing the right credit card for your business can be a daunting task. The credit card you select must fit your business needs and maximize your business potential. Ultimately, getting the most out of your...
September 13, 2019
Starting a business is challenging but doing it in the right location can help. Whether you’re launching a tech startup or opening an art gallery, Washington State offers business owners a little bit of everything....
September 12, 2019
When it comes to filing your taxes, every bit of savings can help. This is especially true when you’re a small business owner.
September 6, 2019
Costco is a popular supplier for small businesses. In fact, Costco has opened 17 Business Centers nationwide, and offers a business credit card in conjunction with Citibank.
September 2, 2019
If you work or live in Pennsylvania, New Jersey, Maryland, Delaware or Virginia, chances are there’s a Fulton Bank near you. Given the variety of business credit card options they offer, it’s also likely you’ll...
August 29, 2019
With so many credit cards options available, choosing one for your business can feel overwhelming. In addition to considering the basics like credit limits and interest rates, most cards offer rewards that can be very...
August 16, 2019
When you think Florida, you probably picture its vast coastline, sunny beaches, and — of course — Disney World. Yet, many people don’t realize that Florida is also a great place to start a business....
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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