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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
May 11, 2021
If your business is in the professional services sector, a professional business loan should be on your radar. It can help you secure the business financing you need to continue operations or grow. Let’s dive...
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In a perfect world, you’d apply for a business loan and get approved for your desired amount and terms. Unfortunately, however, this doesn’t always happen, and additional steps are required.
4 minute read
For many entrepreneurs, a collateral requirement can be a deal-breaker. So, at first glance, a collateral-free business loan seems ideal. However, even if you don’t submit collateral, it doesn’t mean you can avoid recourse from...
May 10, 2021
If you’re overwhelmed with business debt, declaring bankruptcy may be a viable solution. However, it can also hinder your ability to get a small business loan.
May 6, 2021
If you’d like to increase your cash flow or grow your small business, you may want to consider peer-to-peer loans.
As you explore financing options, you may come across asset-based lending. At their core, asset-based loans are backed by business assets. While every loan is unique, most of them act as business lines of credit,...
April 29, 2021
Due to the coronavirus pandemic, the Small Business Administration (SBA) is offering PPP loans until May 31st. However, since the program first rolled out, a few changes have been made.
April 22, 2021
Applying for business financing is often time consuming, but it can be necessary to keep your business up-and-running.
April 9, 2021
In a perfect world, you’d be able to take out a small business loan without paying any additional fees. The reality, however, is that business lenders need to make money. Therefore, many of them charge...
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SBA 504 vs 7(a) Loans: Which Loan Fits Your Business?
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Fora Financial Closes $130 Million Securitization, Its Fourth Return to the ABS Market Since 2019
Funding Amount: $40,000
Industry: Furniture Installation
Use of Funds: Bridge Financing, Working Capital
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