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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
6 minute read
December 19, 2023
Lenders have been reducing the number of business-loan approvals throughout 2023. What's more, the American Bankers Association's Q4 Credit Conditions Index forecasts that this downward trend will last into midyear 2024, if not longer. The...
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4 minute read
December 12, 2023
One of the many ways a small business can obtain funding is through a revenue advance (RA). With this funding product, you draw an advance on future sales. Since it's not a loan, the RA...
November 28, 2023
In 2020, IDG estimated that small and medium-size businesses managed 48 terabytes of data, with an expectation of 50 percent growth in 12 to 18 months. Assuming even the most conservative growth projections three years...
5 minute read
November 21, 2023
Advertising might make you think of Madison Avenue tastemakers having flashes of inspiration as they dream up catchy slogans — you know, like Mad Men. But for most small businesses, it's a much simpler (and...
November 14, 2023
Recent holiday retail forecasts from the National Retail Federation (NRF) foresee modest growth in holiday spending as compared to last year, predicting a 3 percent to 4 percent increase in total sales. But there's a...
November 7, 2023
Do you know everything you need to about business liability insurance? If not, you’re in good company. A staggering 96 percent of business owners surveyed by Next Insurance, a business insurance provider, scored 70% or...
October 31, 2023
With personal and business bankruptcies up 10% from 2022, according to the United States Courts, it's inevitable that you'll come across someone who can't pay their bill. Having a process to follow and knowing what...
3 minute read
October 26, 2023
While you surely know about Florida's attributes as a tourist destination, are you up to speed on its explosive small business growth? In 2022, the Miami/Fort Lauderdale/West Palm beach metropolitan region filed almost 41 new...
October 24, 2023
Business partnerships come in many sizes and flavors: A young boutique airline awards "miles" to a credit card's users. By piggybacking on the name of an established global bank, the airline brings in affluent consumers....
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Use of Funds: Acquisition of Competing Business
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Use of Funds: Tuck-In Acquisition