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feature a fixed payback schedule that helps in budget planning.
a variable-payment solution, accommodates temporary revenue dips.
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by FORA FINANCIAL
4 minute read
September 17, 2024
What are some of the most important metrics of success? Here's a surprise: The number of happy customer reviews you have is probably not one of them — though they certainly help. You need to...
1 minute read
September 12, 2024
Fora Financial, a leading provider of financing to small and medium-sized businesses nationwide, announced today the closing of a $126.9 million asset-backed securitization (ABS). The transaction, which is collateralized by a pool of small-business financing...
8 minute read
September 9, 2024
Imagine having someone like Shark Tank's Mark Cuban or Barbara Corcoran say "I believe in your company! Here's a fat check for $500,000. Just give me a 10 percent stake in the place. Do we...
September 4, 2024
Fora Financial, a leading fintech lender for businesses, is excited to announce the appointment of Michael Air as its new Chief Technology Officer. "Michael's extensive experience will allow us to execute on our ambitious strategy...
6 minute read
September 3, 2024
Starting a business and creating a business plan is a great example of that old saying: The more you know, the more you know you don't know. With that in mind, what are some of...
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...
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...
August 20, 2024
During the summer, Della's Delectable Delights, a gourmet market on the New England coast, is busy from dawn 'til dusk. But when the weather cools off, its apple pie and pumpkin-spice coffee sales aren't enough...
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...
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Fora Financial Announces $126.9 Million Securitization
Funding Amount: $1 Million
Approval Amount: $1.2 Million
Industry: Telecommunications
Use of Funds: Expansion
Initial Funding Amount: $750,000
Add-on Opportunity: $450,000
Industry: Manufacturing
Use of Funds: Financial Stability, Growth
Funding Amount: $300,000
Approval Amount: $450,000
Industry: Manufacturing / Automation
Use of Funds: Working capital
Funding Amount: $1.4 million
Industry: Food and Beverage Franchise
Use of Funds: Expansion and Renovation
Funding Amount: $750,000
Approval Amount: $1,400,000
Industry: Organic Food Grower
Use of Funds: Cash Liquidity
Funding Amount: $100,000
Industry: Delivery Service
Use of Funds: Equipment