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feature a fixed payback schedule that helps in budget planning.
a variable-payment solution, accommodates temporary revenue dips.
by FORA FINANCIAL
5 minute read
March 28, 2022
SBA Form 912 – Statement of Personal History is a document that the Small Business Administration (SBA) uses to evaluate individuals’ character and credit eligibility when applying for an SBA loan.
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Congratulations, you've decided to take the plunge and start your own business. However, what comes next will significantly affect your chances of future success.
As a wholesale distributor, you need consistent customers to buy your products. Having these return customers allows you to keep your operations afloat. Still, it’s crucial that you acquire new wholesale customers along the way so...
Being in a business partnership is a lot like being married; there are good times and bad times, wonderful creations are made, and it’s a bond unlike any other.
March 23, 2022
Unfortunately, even well before the COVID-19 pandemic, many Americans were one paycheck away from running out of money. That situation has worsened, with 63 percent of Americans living paycheck to paycheck in December 2020.
Whether you’re a new business owner or a veteran in your industry, accessing additional working capital can be challenging.
The Small Business Administration, (SBA), offers several loan programs to small business owners. One of their most popular financing options are CAPLines.
March 21, 2022
As of 2021, Delaware was home to 88,051 small businesses, which accounted for 190,042 workers or 46.8% of the state’s total workforce. The top industries in Delaware include professional, scientific, and technical services, real estate,...
As a small business owner, it’s natural to wear numerous hats as you get your business off the ground. Yet, some of the jobs necessary for growing a business aren’t always the best use of...
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Fora Financial Secures New $200 Million Credit Facility, Expanding and Diversifying Capital Resources
Funding Amount: $700,000
Approval Amount: $1.1 Million
Industry: Technology / Data Services
Use of Funds: Cash Flow Liquidity
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
