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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
May 13, 2021
Business loan refinancing can be a powerful tool to lower the cost of your financing. However, in this context, “cost” can mean different things depending on the situation. For example, you might use business loan...
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May 12, 2021
In certain financing situations, time is of the essence. For instance, maybe you find yourself unable to pay an obligation with steep late payment penalties, such as payroll or property taxes.
May 11, 2021
For many entrepreneurs, a collateral requirement can be a deal-breaker. So, at first glance, a collateral-free business loan seems ideal.
If your business is in the professional services sector, a professional business loan should be on your radar. It can help you secure the business financing you need to continue operations or grow. Let’s dive...
In a perfect world, you’d apply for a business loan and get approved for your desired amount and terms. Unfortunately, however, this doesn’t always happen, and additional steps are required.
May 10, 2021
If you’re overwhelmed with business debt, declaring bankruptcy may be a viable solution. However, it can also hinder your ability to get a small business loan.
May 6, 2021
If you’d like to increase your cash flow or grow your small business, you may want to consider peer-to-peer loans.
As you explore financing options, you may come across asset-based lending. At their core, asset-based loans are backed by business assets. While every loan is unique, most of them act as business lines of credit,...
April 29, 2021
Due to the coronavirus pandemic, the Small Business Administration (SBA) is offering PPP loans until May 31st. However, since the program first rolled out, a few changes have been made.
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Fora Financial Partners with Celtic Bank to Expand Lending Services Nationwide
Funding Amount: $1,000,000
Industry: Construction
Use of Funds: Expansion
Funding Amount: $750,000
Industry: Manufacturing
Use of Funds: Working Capital
Funding Amount: $150,000
Industry: Education & Youth
Use of Funds: Facility Buildout
Industry: Wholesale Building Materials
Use of Funds: Inventory, Expansion
Funding Amount: $500,000
Industry: School / Daycare
Use of Funds: Cashflow, Expansion
Funding Amount: $250,000
Industry: Medical / IVF Center
Use of Funds: Expansion, Cash Flow, Staffing, Equipment