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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
February 17, 2021
Staying competitive often requires using high quality equipment, which can be expensive. Due to this, it can be challenging for small business owners to buy new versions. However, refraining from purchasing the latest equipment could...
February 15, 2021
The coronavirus has taken a toll on a variety of businesses including Shuttered Venue Operators (SVOs) like movie theaters, performing arts venues, and art museums. That’s where the Small Business Administration (SBA) Shuttered Venue Operator...
February 12, 2021
Back before Venmo, PayPal, and Quickbooks, wire transfers and charge cards were the cutting edge of payments technology. Then in 1972, the Automated Clearing House (ACH) was established to process domestic payments.
February 10, 2021
Collateral is an asset you pledge in order to secure a loan from a financial institution. Types of collateral may include real estate, inventory, or equipment. If you default on your loan, your lender typically...
February 9, 2021
While they weren’t without controversy, Paycheck Protection Program (PPP) loans helped many small businesses that were struggling due to the COVID-19 pandemic. However, once the money ran out, millions of other small business owners remained...
January 31, 2021
Minority-owned businesses in the United States generate more than one trillion dollars in annual revenue. Therefore, if you’re a minority business owner, you’ve played a critical role in the success of the U.S. economy.
January 22, 2021
In response to the coronavirus pandemic, the Small Business Administration (SBA) launched the Paycheck Protection Program (PPP) in April 2020. It was part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The goal...
As a small business owner, you may find yourself needing funds to cover costs for a short time before you can secure permanent financing, improve cash flow, or receive customer payments.
January 19, 2021
If you’ve secured an SBA loan, congratulations! You’ll reap a variety of benefits including a lengthy repayment period.
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A Midwest manufacturer sought Fora Financial’s tailored funding to overcome liquidity challenges after growth slowed, stabilizing operations and supporting long-term health.
Fora Financial helped a Pacific Northwest organic food grower and distributor secure immediate liquidity, supporting their vertical integration and growth during a busy season.
Fora Financial helped a Midwest delivery service overcome financial hurdles, enabling the three-year-old trucking company to expand by acquiring a new route.
Fora Financial helped a Georgia-based construction company navigate a client's financial collapse, ensuring the continuation of a multimillion-dollar project and growth.
A well-established healthcare practice with multiple locations and 15 years of service faced an exciting opportunity to expand to the Gulf Coast of Florida.
Fora Financial provided a timely and flexible financing solution, enabling a rapidly-expanding North Carolina professional services firm to sustain its growth.