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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
11 minute read
January 31, 2022
If you have a passion for food but don’t want to open a restaurant, consider opening a food truck business. It’s less expensive than starting a brick-and-mortar restaurant and a great way to start a...
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5 minute read
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.
6 minute read
If you're a small business owner with a growing business, you're likely doing things right. If your profits are increasing year over year, you're probably moving in the correct direction. However, one of the most...
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...
January 18, 2022
ACH is a commonly used term in the business world. If you own a business, there’s a good chance you accept ACH transfers from your customers. Put simply, ACH is an acronym for Automated Clearing...
January 17, 2022
Unless you have unlimited cash flow at your disposal, you’ll probably need a business loan at some point in time.
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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