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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
February 9, 2022
If you’re a small business owner, chances are you’ve heard of the Small Business Association (SBA). It’s a federally-funded program that supplies information, support, and loans to small businesses across the country. Although the SBA offers...
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Applying for a revolving line of credit can be a great way to borrow money for your small business, especially if you experience cash flow shortages. Typically, these funds are used to afford fluctuations in...
February 7, 2022
As you probably know, a small business loan can help you get your business operations successfully up and running. You may also use additional working capital to fund everyday expenses, expand your operations, or to...
6 minute read
To guarantee the future of your business, you should frequently assess how you can improve your existing strategies. Perhaps you need to update equipment or want to hire more employees. Having funds for these projects...
January 27, 2022
The two things you can do to secure low-interest business loans are to 1) know your business financing options and 2) improve your financial situation.
January 25, 2022
Lenders require bank statements for several reasons that you’ll learn about in this post. The main reason, though, is that lenders need to verify that you meet their lending standards. Bank statements help lenders do...
January 24, 2022
In business and in life, even the best-laid plans go astray. The good news is, same-day business loans can help small business owners to capitalize on unexpected business opportunities or mitigate unforeseen disasters.
January 19, 2022
Vermont has about 80,000 small businesses, which employ 158,228 workers and account for 60.6% of the total workforce in the state. Most of the small businesses in Vermont are in industries such as professional, scientific,...
One of the biggest challenges you may face as a business owner is maintaining an adequate cushion against fluctuations in cash flow. Changes in revenue are normal for many businesses, and in months when you...
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Funding Amount: $1.5 Million
Industry: Construction
Use of Funds: Working Capital
Funding Amount: $150,000
Use of Funds: Equipment, Staffing, Expansion
Funding Amount: $750,000
Industry: Manufacturing
Funding Amount: $1,000,000
Use of Funds: Expansion
Funding Amount: $750,000
Industry: Education & Youth
Use of Funds: Facility Buildout