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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
May 16, 2022
Credit cards aren’t the right funding option for every small business owner. For example, a high-limit credit card might do more harm than good if you struggle with budgeting.
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April 27, 2022
Due to interest payments, businesses with excessive outstanding debt may experience decreased cash flow. In addition, they may have difficulty accessing additional capital and may even experience a negative impact on their credit scores depending...
7 minute read
April 25, 2022
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...
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.
9 minute read
April 20, 2022
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...
10 minute read
If you want to expand your business, receiving a small business loan can help you accomplish your goals. The APR is crucial when applying for any type of business loan, as it affects the total...
4 minute read
April 18, 2022
Once you’ve decided on a great business idea, you’ll need to select a specific business structure. Although most business startups operate as sole proprietorships, many new businesses operate as general partnerships. Starting a partnership comes...
This Thursday, business owners nationwide will celebrate Get to Know Your Customers Day! On the third Thursday of each quarter (in January, April, July, and October), Get to Know Your Customers Day is observed, and...
April 13, 2022
As a small business owner, attracting and retaining customers is critical to your ongoing success. However, it can be challenging to determine which marketing tactics will generate the best results for your business.
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Fora Financial Appoints John Egerman as Chief Financial Officer
Funding Amount: $244,000
Industry: General Dentistry
Use of Funds: Working Capital, Payroll, Line of Credit Paydown
Funding Amount: $1,000,000
Industry: Manufacturing
Use of Funds: Product Development, Working Capital
Funding Amount: $275,000
Industry: Retail
Use of Funds: Working Capital
Funding Amount: $1,500,000
Industry: Construction
Funding Amount: $150,000
Use of Funds: Equipment, Staffing, Expansion
Funding Amount: $750,000