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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
6 minute read
March 16, 2022
Applying for a business loan is one of the best ways you can invest in your business’s financial future. However, the loan application process can be confusing, especially if you’ve never pursued outside funding options....
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5 minute read
As an aspiring small business owner, you may have heard that a new business line of credit is useful for affording expenses such as equipment, payroll, and marketing costs. Because running a business comes with many expenses,...
March 14, 2022
With an annual industry revenue of $39.5 billion, self-storage is big business. Securing a slice of that revenue, though, requires capital investment.
March 7, 2022
Spend any time researching business financing and you’ll quickly discover that everything comes with a cost. While their name sounds idyllic, angel investors are no exception.
February 16, 2022
Since bridge loans are designed to cover gaps in financing, as they can help mitigate timing problems. This makes bridge loans valuable because, when it comes to business financing, timing is critical.
The fee associated with a prepayment penalty generally ranges from one to five percent of your prepayment amount. So in most cases, a prepayment fee will cost you at least a few thousand dollars. Financing...
Following a disaster — once you’ve ensured that everyone’s safe — the first thing your mind turns to is how much you’re going to have to pay to recover.
February 9, 2022
If you’re a small business owner, chances are you’ve heard of the Small Business Association (SBA). It’s a federally-funded program that supplies information, support, and loans to small businesses across the country. Although the SBA offers...
Applying for a revolving line of credit can be a great way to borrow money for your small business, especially if you experience cash flow shortages. Typically, these funds are used to afford fluctuations in...
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Industry: Security Services
Use of Funds: Bridge Financing, Debt Consolidation
Funding Amount: $1,500,000
Industry: Construction
Use of Funds: Project mobilization, upfront operating costs
Funding Amount: $500,000
Industry: Medical
Use of Funds: Inventory Purchase, Working Capital
Funding Amount: $2,000,000
Industry: Commercial Construction
Use of Funds: Labor, Materials, Upfront Project Costs
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Industry: General Dentistry
Use of Funds: Working Capital, Payroll, Line of Credit Paydown