Fora Financial Partners with Celtic Bank to Expand Lending Services Nationwide
Fora Financial, a leading provider of flexible financing solutions to small and medium-sized businesses, has entered an expansive partnership with Celtic Bank, a Utah-chartered industrial bank, further strengthening its commercial financing capabilities across the nation.
In light of recent industry and regulatory changes, such as those recently enacted in Texas, the ability to offer alternative financing has become restricted. Through this partnership, Fora Financial and Celtic Bank are able to provide businesses with sustainable capital. This positions Fora Financial ahead of many competitors still navigating regulatory uncertainty.
"This partnership with Celtic Bank represents a transformative moment for Fora Financial and the businesses we serve," said Jared Feldman, CEO of Fora Financial. "By expanding our lending capabilities, we're removing barriers that previously limited our ability to provide the most suitable financing solutions for businesses nationwide."
The partnership leverages Celtic Bank's extensive lending expertise and bank infrastructure combined with Fora Financial's proven track record in alternative business finance and customer service excellence. This collaboration comes at a time when businesses continue to seek flexible financing options to support growth and manage cash flow, with access to capital remaining a top concern for business owners.
"We're excited to partner with Fora Financial to expand access to capital for small businesses across the country," said Reese Howell, Jr., CEO of Celtic Bank. "Fora Financial's commitment to responsible lending practices aligns perfectly with our mission to support financial innovation while maintaining the highest regulatory standards."
About Fora Financial
Since 2008, Fora Financial has provided over $4 billion in working capital to more than 55,000 businesses nationwide. Fora Financial offers flexible and timely financing solutions to businesses across a diverse range of industries
About Celtic Bank
Celtic Bank is a Utah-chartered, FDIC-insured industrial bank that provides innovative banking solutions through strategic partnerships with financial technology companies.
For more information, please contact Elissa Feldman at [email protected].
