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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
November 29, 2021
As a small business owner, you’re going to need a cash influx at some point. For example, you may need funding to expand, improve cash flow, or renovate your business to generate more revenue.
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As a business owner, you’re probably painfully aware of how difficult it can be for small businesses to obtain financing, especially if you lack a solid credit history.
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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