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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
January 3, 2024
Coworking spaces are hardly a new trend. But recently, the combined buzz of the pandemic and the downfall of WeWork, once the largest name in the field, has helped to redefine co-working's value proposition. Did...
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6 minute read
December 19, 2023
Lenders have been reducing the number of business-loan approvals throughout 2023. What's more, the American Bankers Association's Q4 Credit Conditions Index forecasts that this downward trend will last into midyear 2024, if not longer. The...
4 minute read
December 12, 2023
One of the many ways a small business can obtain funding is through a revenue advance (RA). With this funding product, you draw an advance on future sales. Since it's not a loan, the RA...
November 28, 2023
In 2020, IDG estimated that small and medium-size businesses managed 48 terabytes of data, with an expectation of 50 percent growth in 12 to 18 months. Assuming even the most conservative growth projections three years...
November 21, 2023
Advertising might make you think of Madison Avenue tastemakers having flashes of inspiration as they dream up catchy slogans — you know, like Mad Men. But for most small businesses, it's a much simpler (and...
November 14, 2023
Recent holiday retail forecasts from the National Retail Federation (NRF) foresee modest growth in holiday spending as compared to last year, predicting a 3 percent to 4 percent increase in total sales. But there's a...
November 7, 2023
Do you know everything you need to about business liability insurance? If not, you’re in good company. A staggering 96 percent of business owners surveyed by Next Insurance, a business insurance provider, scored 70% or...
October 31, 2023
With personal and business bankruptcies up 10% from 2022, according to the United States Courts, it's inevitable that you'll come across someone who can't pay their bill. Having a process to follow and knowing what...
3 minute read
October 26, 2023
While you surely know about Florida's attributes as a tourist destination, are you up to speed on its explosive small business growth? In 2022, the Miami/Fort Lauderdale/West Palm beach metropolitan region filed almost 41 new...
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Fora Financial Appoints John Egerman as Chief Financial Officer
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
Funding Amount: $1,000,000
Industry: Manufacturing
Use of Funds: Product Development, Working Capital