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feature a fixed payback schedule that helps in budget planning.
a variable-payment solution, accommodates temporary revenue dips.
by FORA FINANCIAL
5 minute read
April 20, 2022
Whether you’re just starting, expanding, or looking to upgrade your car wash business, you’ll need significant cash flow.
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Loss prevention refers to the steps businesses take to reduce profit loss. The causes of profit loss, addressed by loss prevention, include theft, fraud, and human errors.
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.
7 minute read
If you want to expand your business, receiving a small business loan can help you accomplish your goals. The APR is crucial when applying for any type of business loan, as it affects the total...
April 19, 2022
Illinois is home to 1.2 million small businesses. According to the U.S. Small Business Administration (SBA), these businesses employ 2.5 million workers and represent 44.8% of the state’s workforce.
April 18, 2022
The latest figures from the Small Business Administration (SBA) reveal that 360,756 small businesses are based in Kentucky. These businesses employ 716,731 workers and account for 43.6% of the state’s total workforce. The top industries for...
4 minute read
Once you’ve decided on a great business idea, you’ll need to select a specific business structure. Although most business startups operate as sole proprietorships, many new businesses operate as general partnerships. Starting a partnership comes...
This Thursday, business owners nationwide will celebrate Get to Know Your Customers Day! On the third Thursday of each quarter (in January, April, July, and October), Get to Know Your Customers Day is observed, and...
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.
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Are businesses turning a corner in 2025? It certainly looks like it
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Balancing Success and Well-being: A Resource Guide for Small Business Owners
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Fora Financial Releases 2025 Business Insights Report: Growth Remains a Priority, But Cash Flow and Economic Concerns Persist
Funding Amount: $150,000
Industry: Wholesale Building Materials
Use of Funds: Inventory, Expansion
Funding Amount: $500,000
Industry: School / Daycare
Use of Funds: Cashflow, Expansion
Funding Amount: $250,000
Industry: Medical / IVF Center
Use of Funds: Expansion, Cash Flow, Staffing, Equipment
Funding Amount: $1,000,000
Industry: Automotive
Use of Funds: Inventory
Funding Amount: $100,000
Industry: Construction
Use of Funds: Debt Consolidation, Working Capital
Funding Amount: $200,000
Industry: Transportation
Use of Funds: Equipment