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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
February 7, 2022
One notable financial document that all business owners should utilize is a balance sheet, which can be used to monitor your business’s financial health. Balance sheets are used internally to guide management decisions. Externally, they...
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January 31, 2022
If you haven’t established good credit history, your financing options will be limited. However, that doesn’t mean that there aren’t attractive financing alternatives.
11 minute read
If you have a passion for food but don’t want to open a restaurant, consider opening a food truck business. It’s less expensive than starting a brick-and-mortar restaurant and a great way to start a...
January 27, 2022
The two things you can do to secure low-interest business loans are to 1) know your business financing options and 2) improve your financial situation.
January 25, 2022
Lenders require bank statements for several reasons that you’ll learn about in this post. The main reason, though, is that lenders need to verify that you meet their lending standards. Bank statements help lenders do...
January 24, 2022
In business and in life, even the best-laid plans go astray. The good news is, same-day business loans can help small business owners to capitalize on unexpected business opportunities or mitigate unforeseen disasters.
6 minute read
If you're a small business owner with a growing business, you're likely doing things right. If your profits are increasing year over year, you're probably moving in the correct direction. However, one of the most...
January 19, 2022
Vermont has about 80,000 small businesses, which employ 158,228 workers and account for 60.6% of the total workforce in the state. Most of the small businesses in Vermont are in industries such as professional, scientific,...
One of the biggest challenges you may face as a business owner is maintaining an adequate cushion against fluctuations in cash flow. Changes in revenue are normal for many businesses, and in months when you...
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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