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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
March 16, 2022
As an aspiring small business owner, you may have heard that a new business line of credit is useful for affording expenses such as equipment, payroll, and marketing costs. Because running a business comes with many expenses,...
March 15, 2022
The latest figures from the Small Business Administration (SBA) show that Colorado has 674,741 small businesses, employing 1.2 million people or 48% of the state’s total workforce. Many of these small businesses are industries like...
March 14, 2022
With an annual industry revenue of $39.5 billion, self-storage is big business. Securing a slice of that revenue, though, requires capital investment.
March 11, 2022
According to the latest data from the Small Business Administration (SBA), there were 258,552 small businesses in Arkansas. These businesses employ 491,383 workers and make up 47.1% of the total workforce in the state. The...
March 10, 2022
In 2021, Alabama was home to 408,374 small businesses, which employed 809,024 workers or 46.7% of the total workforce in the state. The most popular industries in the Cotton State include administrative, support, and waste...
March 7, 2022
Spend any time researching business financing and you’ll quickly discover that everything comes with a cost. While their name sounds idyllic, angel investors are no exception.
February 28, 2022
As of 2021, there were 70, 618 small businesses in Wyoming. These businesses accounted for 130,605 workers or 63.5% of the workforce in the state. Since the Cowboy State has no corporate state income tax,...
February 25, 2022
Iowa is home to more than 250,000 small businesses. According to the U.S. Small Business Administration (SBA), these businesses employ 652, 496 workers and make up 47.8% of the workforce in the state. Professional, scientific,...
February 23, 2022
Texas has consistently ranked near the top of any list of best states to start a business. In fast, last year it earned the top spot on lists from CNBC and Forbes, among other notable...
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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