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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
June 22, 2021
Most likely, if you’ve considered applying for business funding, you’ve heard financial institutions mention installment loans. They’re a popular funding option for business owners, which is why you should understand how they work.
June 21, 2021
For small business owners, trying to secure additional working capital from a traditional bank is notoriously difficult and time-consuming.
4 minute read
As a small business owner, opportunities often arise to improve or expand your business. However, you may not have enough capital to fund these growth projects. Fortunately, there are a variety of business financing solutions...
June 18, 2021
As you may know, many entrepreneurs turn to AirBnB to make extra income using their existing property. This innovative online hospitality source allows homeowners to list a room or even their entire house to interested travelers.
Many small business owners apply for business loan to sustain their operations or pursue growth opportunities. Some use a loan when they start a business, while others utilize it after being operational for years. For...
June 17, 2021
You can’t expect to build a successful business without making a few mistakes along the way. After all, facing and overcoming setbacks is what makes small business ownership so rewarding. Plus, if you’re constantly trying...
June 16, 2021
Having a sufficient amount of cash flow for your small business is crucial, especially in certain situations. Whether you run a seasonal business or are anticipating an influx of customers during the holiday seasons, there...
June 14, 2021
When you’re learning about small business loans, you’ll inevitably run into the concept of business loan underwriting. Loan underwriting is the process lenders use to determine if, how much, and with what terms they’ll lend...
6 minute read
The best way to avert a business-loan scam, whether it shows up online, in your mailbox, or on the phone, is to learn the most common red flags. Here we share common scams and the...
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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