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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
January 31, 2021
Minority-owned businesses in the United States generate more than one trillion dollars in annual revenue. Therefore, if you’re a minority business owner, you’ve played a critical role in the success of the U.S. economy.
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January 22, 2021
As a small business owner, you may find yourself needing funds to cover costs for a short time before you can secure permanent financing, improve cash flow, or receive customer payments.
January 19, 2021
If you’ve secured an SBA loan, congratulations! You’ll reap a variety of benefits including a lengthy repayment period.
Failing to pay employees on time and in full comes with serious consequences. As a small business owner, you could face lawsuits, legal actions, fines, a tarnished reputation, and damaged employee relationships. Therefore, it’s smart...
January 15, 2021
Most likely, you understand the difference between secured and unsecured small business loans. However, you might not be sure if you'll qualify for an unsecured loan, especially if you're pursuing SBA financing.
January 13, 2021
Working from home provides many benefits to business owners, such as added convenience and affordability. However, it has one distinct disadvantage; working from home can de-legitimize your business in the eyes of certain clients.
January 10, 2021
The Small Business Administration (SBA) helps business owners obtain additional working capital. If you’re in need of a loan to start or expand your business, you may find that SBA loan options fit your funding...
3 minute read
Depending on your business’s industry, gross profit may be more relevant than net income or other performance measures. Although these figures are all obviously highly related, understanding the differences between them is still very important...
As a daycare center owner, your main goal is to care for children and provide them with the best experience possible. To achieve this, you should be generating new ideas that will keep your students...
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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