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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
May 18, 2021
Even if you’ve got the ideas and motivation to start a new business or continue growing an existing company, without the money, that idea may never be executed.
May 17, 2021
Taking on a small business loan to finance business growth is exciting, but the paperwork involved can also make it overwhelming. SBA loans are no exception, so it's crucial that you prepare for the application...
May 14, 2021
After seeking out small business financing, you’re disappointed to find out that your application for a small business loan was rejected. However, just because you've been rejected by once doesn't mean that you can't get approved...
May 13, 2021
Business loan refinancing can be a powerful tool to lower the cost of your financing. However, in this context, “cost” can mean different things depending on the situation. For example, you might use business loan...
May 12, 2021
In certain financing situations, time is of the essence. For instance, maybe you find yourself unable to pay an obligation with steep late payment penalties, such as payroll or property taxes.
May 11, 2021
For many entrepreneurs, a collateral requirement can be a deal-breaker. So, at first glance, a collateral-free business loan seems ideal.
If your business is in the professional services sector, a professional business loan should be on your radar. It can help you secure the business financing you need to continue operations or grow. Let’s dive...
In a perfect world, you’d apply for a business loan and get approved for your desired amount and terms. Unfortunately, however, this doesn’t always happen, and additional steps are required.
May 10, 2021
If you’re overwhelmed with business debt, declaring bankruptcy may be a viable solution. However, it can also hinder your ability to get a small business loan.
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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