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feature a fixed payback schedule that helps in budget planning.
a variable-payment solution, accommodates temporary revenue dips.
by FORA FINANCIAL
5 minute read
March 23, 2021
Small business loan programs are one of the ways that the U.S. Small Business Administration aims to benefit American small businesses. Through their loan programs, borrowers can get up to 80 percent of loan principals guaranteed by...
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March 22, 2021
Double-entry accounting is one of the many subjects you probably didn't know much about when you decided to start a small business. Still, if you want to be a successful entrepreneur, you must educate yourself...
As a small business owner, it’s easy to get caught up in urgent, day-to-day tasks, which causes you to overlook certain things. And for many business owners, life insurance is one of the easiest things...
If you want to start your own business, opening a pharmacy can be a profitable endeavor. Compared to other industries, independent pharmacies have a healthy profit margin — 22 percent on average in 2019.
4 minute read
If your small business is in the process of taking out a loan, congratulations! You will now have the additional working capital to grow your business. When taking out a small business loan, it is...
March 17, 2021
It's easy to see invoice reconciliation as just another task on your to-do list. In reality, though, reconciling invoices is a critical accounting process that can save you thousands of dollars. Reconciling invoices helps you...
6 minute read
March 16, 2021
Nearly every industry requires equipment to properly function. Examples of industries that require significant equipment include, but aren't limited to: Restaurants Construction firms Office-based businesses Medical firms Manufacturing companies Although equipment is necessary, it doesn't...
March 12, 2021
If you have bad credit, getting approved for a term loan—or even a credit card—can be immensely frustrating. That’s partially why small business grants are a popular alternative to debt financing.
March 11, 2021
Fortunately, it's often possible to prevent or correct the worst kinds of revenue leakage. You just have to be willing to identify and face the problem. So, what is revenue leakage and how do you...
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Fora Financial Announces Leadership Changes, Appoints Company Veterans to COO and CMO Roles
Funding Amount: $2,000,000
Industry: Construction
Use of Funds: Bridge funding
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