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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
6 minute read
March 16, 2022
Applying for a business loan is one of the best ways you can invest in your business’s financial future. However, the loan application process can be confusing, especially if you’ve never pursued outside funding options....
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5 minute read
As an aspiring small business owner, you may have heard that a new business line of credit is useful for affording expenses such as equipment, payroll, and marketing costs. Because running a business comes with many expenses,...
March 14, 2022
With an annual industry revenue of $39.5 billion, self-storage is big business. Securing a slice of that revenue, though, requires capital investment.
If you own a transportation business, you should know how to get noticed by prospective customers. Following current transportation industry trends will ensure that you don't miss out on vital opportunities to connect with your target...
4 minute read
Dealing with unpaid invoices is an unfortunate, but sometimes inevitable, part of being a small business owner. Although the experience can be stressful, it’s still vital that you know how to collect unpaid invoices. After...
March 7, 2022
Spend any time researching business financing and you’ll quickly discover that everything comes with a cost. While their name sounds idyllic, angel investors are no exception.
February 16, 2022
Since bridge loans are designed to cover gaps in financing, as they can help mitigate timing problems. This makes bridge loans valuable because, when it comes to business financing, timing is critical.
The fee associated with a prepayment penalty generally ranges from one to five percent of your prepayment amount. So in most cases, a prepayment fee will cost you at least a few thousand dollars. Financing...
Following a disaster — once you’ve ensured that everyone’s safe — the first thing your mind turns to is how much you’re going to have to pay to recover.
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Fora Financial Announces Successful Completion of SOC 2 Type II Examination
Funding Amount: $720,000
Industry: Speciality Food / Bakery
Use of Funds: Working Capital, Debt Consolidation
Funding Amount: $98,800
Industry: Construction
Use of Funds: Accounts Receivable Bridge
Funding Amount: $400,000
Industry: Automotive
Use of Funds: Debt Consolidation, Equipment
Funding Amount: $190,000
Industry: Personal Growth
Use of Funds: Expansion, Cash Flow
Funding Amount: $1,200,000
Industry: HVAC
Use of Funds: Acquisition of Competing Business
Funding Amount: $50,000
Industry: Digital Advertising / Media
Use of Funds: Equipment, Staffing