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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
February 7, 2022
As you probably know, a small business loan can help you get your business operations successfully up and running. You may also use additional working capital to fund everyday expenses, expand your operations, or to...
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6 minute read
To guarantee the future of your business, you should frequently assess how you can improve your existing strategies. Perhaps you need to update equipment or want to hire more employees. Having funds for these projects...
9 minute read
SBA loans are guaranteed by the Small Business Administration (SBA), and are issued by lenders participating in the SBA lending program. Typically, these small business lenders are banks. The SBA guarantees up to 85 percent...
One notable financial document that all business owners should utilize is a balance sheet, which can be used to monitor your business’s financial health. Balance sheets are used internally to guide management decisions. Externally, they...
January 31, 2022
If you haven’t established good credit history, your financing options will be limited. However, that doesn’t mean that there aren’t attractive financing alternatives.
10 minute read
If you have a passion for food but don’t want to open a restaurant, consider opening a food truck business. It’s less expensive than starting a brick-and-mortar restaurant and a great way to start a...
January 29, 2022
Despite the havoc of the pandemic, Utah managed to pace the nation with the smallest decline in GDP. In fact, from 2019 to 2020, real GDP in Utah fell just 0.1 percent.
January 28, 2022
In December 2020, the UH Economic Research Organization pegged Hawaii’s unemployment rate at 11.6 percent. At the time, it was the second-highest unemployment rate in the nation. In addition, in 2020, Hawaii’s real GDP declined...
January 27, 2022
The two things you can do to secure low-interest business loans are to 1) know your business financing options and 2) improve your financial situation.
Leadership
Are businesses turning a corner in 2025? It certainly looks like it
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The Power of Three: Be Sure to Have these Financial Reports Before Seeking Capital
News
Fora Financial Releases 2025 Business Insights Report: Growth Remains a Priority, But Cash Flow and Economic Concerns Persist
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
Funding Amount: $825,000
Industry: Education
Funding Amount: $775,000
Industry: Electric & Communications
Use of Funds: Personnel and Equipment Upgrades
Funding Amount: $2,000,000
Use of Funds: Bridge funding