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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
March 17, 2022
There are more than 32 million small businesses in California. The latest figures from the U.S. Small Business Administration (SBA) reveal that these businesses employ 61.2 million workers and account for 46.8% of the workforce...
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March 16, 2022
In real estate, traditional financing typically comes from banks, credit unions, and other mortgage lenders. However, these traditional lenders tend to have strict terms and qualification criteria, making it challenging to get approved for financing....
There are numerous ways that entrepreneurs can acquire funds to jump start their new business ventures. Many turn to their personal savings, family and friends, crowdfunding, Small Business Administration (SBA) loans, or business credit cards....
6 minute read
Applying for a business loan is one of the best ways you can invest in your business’s financial future. However, the loan application process can be confusing, especially if you’ve never pursued outside funding options....
As an aspiring small business owner, you may have heard that a new business line of credit is useful for affording expenses such as equipment, payroll, and marketing costs. Because running a business comes with many expenses,...
March 15, 2022
The latest figures from the Small Business Administration (SBA) show that Colorado has 674,741 small businesses, employing 1.2 million people or 48% of the state’s total workforce. Many of these small businesses are industries like...
March 14, 2022
With an annual industry revenue of $39.5 billion, self-storage is big business. Securing a slice of that revenue, though, requires capital investment.
March 11, 2022
According to the latest data from the Small Business Administration (SBA), there were 258,552 small businesses in Arkansas. These businesses employ 491,383 workers and make up 47.1% of the total workforce in the state. The...
March 10, 2022
In 2021, Alabama was home to 408,374 small businesses, which employed 809,024 workers or 46.7% of the total workforce in the state. The most popular industries in the Cotton State include administrative, support, and waste...
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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
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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
