Fora Financial selected for Inc. 5000 list
Fora Financial, a leading provider of flexible working capital solutions to small businesses, has once again been featured in Inc.com’s list of the 5000 fastest-growing private companies nationwide. This marks the third consecutive year Fora Financial has made the Inc. 5000 list, during which the company has grown revenue by approximately 240%.
Since its inception in 2008, Fora Financial has provided over $500 million of capital to more than 10,000 small business owners throughout all 50 states. The company was founded by college roommates Jared Feldman and Dan Smith, who had a passion for helping small businesses. Feldman says the company’s continued growth is largely due to its dedicated employees and family-like culture.
“When we first started, the success of the business was more dependent on the product and the organic growth rates of the industry,” he says. “But the continued success over the last several years is due to our people, and we have a team that most envy.”
Fora Financial has had an eventful year thus far, with numerous achievements in addition to making the Inc. 5000 list. The company was featured on the January/February cover of deBanked magazine, closed a $52.5 million expanded credit facility in May, and reached the $500 million funding goal just shy of its 8-year anniversary in July.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 today. For more information, visit www.inc.com.
About Fora Financial
Fora Financial offers flexible financing solutions to small businesses in need of additional working capital to sustain or grow their enterprise. The company places a high value on transparency and provides businesses with fast, personalized small business loans and merchant cash advances, utilizing its state-of-the-art technology and unwavering customer service. Founded in June 2008, Fora Financial has over 120 employees in its New York City office locations.
Read the full press release here.