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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
4 minute read
August 27, 2024
The Small Business Administration (SBA) received more than 500 applications for financial assistance after Baltimore's Francis Scott Key bridge collapsed in March. Other recent disaster headlines are reminders that a natural or man-made disaster can...
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6 minute read
August 22, 2024
Business owners look for financing options for many different reasons, including acquiring new equipment, inventory, or property or simply to maintain a positive cash flow to cover operating expenses. But how long does it take...
1 minute read
August 15, 2024
The Inc. 5000 list highlights the nation’s top independent businesses that have achieved remarkable growth. This year marks Fora Financial's seventh appearance on the list, a testament to years of dedication and success helping the...
3 minute read
August 13, 2024
Changes in tax laws, labor trends, and the role of artificial intelligence are just a few of the topics making small-business headlines recently. Here's our roundup: HR TRENDS: Keeping summertime fun. Small business owners are...
August 6, 2024
America's entrepreneurs look on the bright side of life. According to recent polling from the U.S. Chamber of Commerce, 73 percent of small business owners say they expect their revenues to increase in the next...
5 minute read
July 30, 2024
When your business finances are crunched and you are exploring options, beware of two rapidly-proliferating threats: (1) predatory debt consolidation and (2) successive, aggressive financing (commonly called “stacking”). Debt Consolidation A tall promise. During a...
July 25, 2024
It almost sounds too good to be true: a business lender approving you for a loan without checking your credit? However many so-called "fintech" lenders look at the 5 C's: credit, capital, character, capacity, and...
July 23, 2024
The "gig economy" has given rise to all kinds of side hustles that could grow into something much larger — a full-fledged business. Still, your business finances might be tied to your personal checking account....
July 16, 2024
It's a common situation for many small-business owners: You're signing new business weekly, and the future's so bright, it won't be long until you need Ray-Bans to read your balance sheet. Sounds promising, right? But...
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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