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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
April 9, 2021
Your employees are the backbone of your business, which is why it’s so important to hire the best ones possible. With the right team, you can increase productivity and take your organization to new heights....
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April 7, 2021
When you apply for any type of secured loan, the lender will evaluate your business based on some variation of “The Five C’s.”
2 minute read
April 5, 2021
Fora Financial, a leading provider of flexible working capital to small- and medium-sized businesses nationwide, announced today the closing of a $100 million revolving credit facility with Credit Suisse and Hudson Cove Capital Management. Sector...
March 31, 2021
When you think about financing from the SBA, business loans likely come to mind. A less well-known type of SBA financing is the SBA CAPLines Program, also known as an SBA line of credit.
Technically, there's no set structure or terms for payday loans. These loans are typically expensive, short-term loans of $100 to $1000. However, loan amounts, fees, and rates vary significantly based on state law.
6 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...
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...
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...
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...
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Fora Financial Announces Successful Completion of SOC 2 Type II Examination
Funding Amount: $720,000
Industry: Speciality Food / Bakery
Use of Funds: Working Capital, Debt Consolidation
Funding Amount: $98,800
Industry: Construction
Use of Funds: Accounts Receivable Bridge
Funding Amount: $400,000
Industry: Automotive
Use of Funds: Debt Consolidation, Equipment
Funding Amount: $190,000
Industry: Personal Growth
Use of Funds: Expansion, Cash Flow
Funding Amount: $1,200,000
Industry: HVAC
Use of Funds: Acquisition of Competing Business
Funding Amount: $50,000
Industry: Digital Advertising / Media
Use of Funds: Equipment, Staffing
