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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
April 25, 2022
SBA Express Loans are a fantastic resource for small businesses that need fast financing but don’t qualify for funding from traditional lenders. However, you must meet specific loan requirements to be eligible for SBA Express Loans and...
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The Small Business Administration (SBA) has assisted many business owners in acquiring additional working capital, offering loans at far lower rates than traditional banks. Still, just like with any government agency, you must be thorough...
6 minute read
As a business owner, you probably use at least one piece of equipment, regardless of your industry. This equipment is likely pivotal to how your business functions or makes it easier to do so. Unfortunately,...
8 minute read
In this blog post, we’ll offer tips on how to get a business loan with bad credit while also building your business credit and improving your chances of getting approved. Let’s get started so that...
April 24, 2022
All small business loans are essentially the same, right? In principle, this is true, but you may struggle to decide if you should apply for a business or personal loan.
April 20, 2022
You may need money to cover an immediate business expense at some point. If you wait weeks or months to get approved, it could hurt your business's operations.
April 15, 2022
North Dakota had 75,427 small businesses in 2021, according to figures from the Small Business Administration (SBA). These businesses employed 196,368 workers and accounted for 56.7% of the total workforce in the state.
April 11, 2022
Lines of credit allow business owners to borrow money for expansion projects, pay for consistent expenses like bills, and fill inventory orders, to name a few examples. Like a personal line of credit, business credit...
April 6, 2022
A business line of credit is a flexible funding option beneficial for smoothing out cash flow. However, it’s often difficult to get approved for a line of credit, especially if your credit score is low....
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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