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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
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.
10 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 29, 2022
Despite the havoc of the pandemic, Utah managed to pace the nation with the smallest decline in GDP. In fact, from 2019 to 2020, real GDP in Utah fell just 0.1 percent.
January 28, 2022
In December 2020, the UH Economic Research Organization pegged Hawaii’s unemployment rate at 11.6 percent. At the time, it was the second-highest unemployment rate in the nation. In addition, in 2020, Hawaii’s real GDP declined...
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 26, 2022
Arizona is home to more than 600,000 small businesses. According to the U.S. Small Business Administration (SBA), these businesses employ 1.1 million workers and represent 42.9% of the private workforce in the state. The most...
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.
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Fora Financial Ranks on the Inc. 5000 List for the 8th time
Funding Amount: $150,000
Industry: Education & Youth
Use of Funds: Facility Buildout
Industry: Wholesale Building Materials
Use of Funds: Inventory, Expansion
Funding Amount: $500,000
Industry: School / Daycare
Use of Funds: Cashflow, Expansion
Funding Amount: $250,000
Industry: Medical / IVF Center
Use of Funds: Expansion, Cash Flow, Staffing, Equipment
Funding Amount: $1,000,000
Industry: Automotive
Use of Funds: Inventory
Funding Amount: $100,000
Industry: Construction
Use of Funds: Debt Consolidation, Working Capital