Blog posts tagged with "Merchant Funding"

Fora Financial Increases Commitments to Credit Facility

July 11, 2017
Fora Financial, a leading provider of working capital to small businesses, announced today that the Company and its senior secured lenders have reached an agreement to increase the aggregate commitments under its revolving credit facility to $66.5 million, up from $52.5 million previously. The facility, which matures in May of 2019, allows for up to $75 million in total borrowing capacity.

5 ways renovation financing will help your business grow

June 26, 2017
While having a consistent business is important, you should always be implementing new strategies to improve your operations. Therefore, if you recently received additional working capital, it might be beneficial if you utilize it to make business renovations.

How to use working capital for your mom and pop business

March 29, 2017
Happy National Mom and Pop Business Owners Day! This day originated when a son created this day for his parents, who owned a hat shop located in Everett, Massachusetts. Now, mom and pop business owners unite each year to bring attention to these beloved small businesses nationwide. 

Fora Financial Features: Andrew Gutman

January 10, 2017
In the Fora Financial Features series, we feature different leaders at our company, and allow them to share their unique perspective on our financing options, company culture and the overall working capital industry. This month, we’re featuring our Chief Financial Officer, Andrew Gutman, to learn more about his diverse role and his predictions for Fora Financial’s future.

Fora Financial Features: Evan Brown

November 21, 2016
This month, we’re introducing a new series; Fora Financial Features! In these posts, we’ll highlight different individuals on the Fora Financial team, and explain how they play a pivotal part in how we supply our working capital products, small business loans and merchant cash advances, to business owners nationwide. Each member of our team has a unique perspective on the alternative lending industry, and we can’t wait for them to share their stories with you!

Was your business's rent increased? Here's how to handle it

October 26, 2016
Your lease is up, and you’re upset to find that your landlord has significantly increased your small business’s rent. If you’re satisfied with your business’s location, chances are you are nervous about the possibility of moving to a new space.

How to use working capital for your grocery store

October 17, 2016
Grocery stores are an industry in high demand; people are always going to need somewhere to purchase food and other household items. Running a profitable grocery or convenience store requires hardworking employees, consistently replenished inventory and financial planning, among other aspects.

National Coffee Day pick me up tips

September 29, 2016
Running a coffee shop requires innovative ideas and an eagerness to serve customers with the energizing coffee they need to make it through the day. Your customers rely on you to caffeinate them and send them on their way.

Borrowing money from a loved one for your business? Think again

September 26, 2016
When running a small business, there may be times when you’ll find yourself in need of some extra capital. Whether you recently opened a small business and require financing to get it up and running, or have an existing business that is in need of cash to grow, it is always important to have money available.

Why a merchant cash advance may not be right for your business

September 23, 2016
If you’ve researched working capital solutions for your small business, chances are you may have heard of a merchant cash advance. This product can be beneficial for small businesses who make a large amount of their sales via credit cards.