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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
May 19, 2021
Despite the jargon that accompanies business loan negotiations, the factors that affect small business loan terms comes down to two simple things: risk and return.
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Working capital is money that small business owners use to pay their bills, make purchases, and afford other operating costs.
8 minute read
People sue businesses for many reasons, and it’s likely that most business owners will experience a lawsuit during the life of the business. Due to this, you should fully understand the types of small business...
May 18, 2021
In most cases, when you take out a small business loans, you have to present your business plan to the lender. If that lender understands your industry, it’s easier to get them to understand your...
While they’re both administered by the SBA, the 7(a) and the Paycheck Protection Program (PPP) loan programs are vastly different. Like with any loan, it’s a commitment to apply to either one. Due to this,...
Even if you’ve got the ideas and motivation to start a new business or continue growing an existing company, without the money, that idea may never be executed.
May 17, 2021
Taking on a small business loan to finance business growth is exciting, but the paperwork involved can also make it overwhelming. SBA loans are no exception, so it's crucial that you prepare for the application...
May 14, 2021
After seeking out small business financing, you’re disappointed to find out that your application for a small business loan was rejected. However, just because you've been rejected by once doesn't mean that you can't get approved...
May 13, 2021
Business loan refinancing can be a powerful tool to lower the cost of your financing. However, in this context, “cost” can mean different things depending on the situation. For example, you might use business loan...
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Fora Financial Appoints John Egerman as Chief Financial Officer
Funding Amount: $2,000,000
Industry: Commercial Construction
Use of Funds: Labor, Materials, Upfront Project Costs
Funding Amount: $105,000
Industry: Retail
Use of Funds: Bulk Inventory Purchase
Funding Amount: $244,000
Industry: General Dentistry
Use of Funds: Working Capital, Payroll, Line of Credit Paydown
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