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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
January 19, 2021
If you’ve secured an SBA loan, congratulations! You’ll reap a variety of benefits including a lengthy repayment period.
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Failing to pay employees on time and in full comes with serious consequences. As a small business owner, you could face lawsuits, legal actions, fines, a tarnished reputation, and damaged employee relationships. Therefore, it’s smart...
January 15, 2021
Most likely, you understand the difference between secured and unsecured small business loans. However, you might not be sure if you'll qualify for an unsecured loan, especially if you're pursuing SBA financing.
January 13, 2021
Working from home provides many benefits to business owners, such as added convenience and affordability. However, it has one distinct disadvantage; working from home can de-legitimize your business in the eyes of certain clients.
January 10, 2021
The Small Business Administration (SBA) helps business owners obtain additional working capital. If you’re in need of a loan to start or expand your business, you may find that SBA loan options fit your funding...
3 minute read
Depending on your business’s industry, gross profit may be more relevant than net income or other performance measures. Although these figures are all obviously highly related, understanding the differences between them is still very important...
As a daycare center owner, your main goal is to care for children and provide them with the best experience possible. To achieve this, you should be generating new ideas that will keep your students...
8 minute read
Etsy is an online buying and selling platform that started in 2005 and became a publicly traded company in 2015. It’s similar to eBay or Amazon Marketplace, but you can only sell handmade items and...
January 6, 2021
Hopefully, you’ll never have to deal with a delinquent loan as a small business owner. That said, delinquency is an important concept to understand if you’re borrowing money, or plan to borrow money to finance...
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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
Funding Amount: $1,000,000
Industry: Manufacturing
Use of Funds: Product Development, Working Capital
Funding Amount: $275,000
Use of Funds: Working Capital
Funding Amount: $1,500,000
Industry: Construction