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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
April 25, 2022
The Small Business Administration (SBA) has assisted many business owners in acquiring additional working capital, offering loans at far lower rates than traditional banks. Still, just like with any government agency, you must be thorough...
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7 minute read
A term loan is a traditional loan that entrepreneurs can use to grow a small business. Term loans offer an upfront cash infusion with monthly payback terms over a specified period. This post will explain...
6 minute read
As a business owner, you probably use at least one piece of equipment, regardless of your industry. This equipment is likely pivotal to how your business functions or makes it easier to do so. Unfortunately,...
8 minute read
In this blog post, we’ll offer tips on how to get a business loan with bad credit while also building your business credit and improving your chances of getting approved. Let’s get started so that...
April 24, 2022
All small business loans are essentially the same, right? In principle, this is true, but you may struggle to decide if you should apply for a business or personal loan.
April 21, 2022
You have a FICO score if you’ve ever paid for a car, house, college tuition, opened a credit card account or submitted a rental application.
April 20, 2022
Whether you’re just starting, expanding, or looking to upgrade your car wash business, you’ll need significant cash flow.
You may need money to cover an immediate business expense at some point. If you wait weeks or months to get approved, it could hurt your business's operations.
9 minute read
Loss prevention refers to the steps businesses take to reduce profit loss. The causes of profit loss, addressed by loss prevention, include theft, fraud, and human errors. To combat loss, you must understand the most...
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Fora Financial Surpasses $5 Billion in Capital Provided to America's Businesses
Funding Amount: $250,000
Industry: Retail - HVAC
Use of Funds: Staffing
Funding Amount: $1,500,000
Industry: Restaurant Franchise
Use of Funds: Expansion
Funding Amount: $55,000
Industry: Health & Wellness
Use of Funds: Equipment, Expansion
Funding Amount: $1,750,000
Industry: Merchandising
Use of Funds: Tuck-In Acquisition
Funding Amount: $900,000
Industry: Retail / Wholesale
Use of Funds: Inventory
Funding Amount: $750,000
Industry: Manufacturing Importer
Use of Funds: Working Capital, Accounts Payable