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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
April 22, 2021
Applying for business financing is often time consuming, but it can be necessary to keep your business up-and-running.
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April 9, 2021
In a perfect world, you’d be able to take out a small business loan without paying any additional fees. The reality, however, is that business lenders need to make money. Therefore, many of them charge...
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....
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.”
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.
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...
6 minute read
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...
March 12, 2021
If you have bad credit, getting approved for a term loan—or even a credit card—can be immensely frustrating. That’s partially why small business grants are a popular alternative to debt financing.
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Fora Financial Appoints John Egerman as Chief Financial Officer
Funding Amount: $135,000
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
Funding Amount: $105,000
Industry: Retail
Use of Funds: Bulk Inventory Purchase
Funding Amount: $244,000
Industry: General Dentistry
Use of Funds: Working Capital, Payroll, Line of Credit Paydown
