


Learn About Our Loans for Small Business Owners
Fora Financial’s Business Financing Details
Benefits of a Small Business Loan:
- Working Capital from $5K – $750K
- Business Loan Terms up to 15 months
- Flexible Payments
- Early Payoff Discounts
- No Collateral Required
- Free, No Obligation Quote
Business Loans Are Perfect For These Industries:
- Construction
- Medical
- Auto
- Wholesale
- Manufacturing
How to Use Your Term Loan – No Restrictions
- Pay Your Taxes
- Purchase Inventory
- Upgrade Equipment
- Hire Staff
- Invest in Advertising
- Expand Your Operations
- Have Cash for Payroll
- Pay for Renovation Costs
- Fill Cash Flow Gaps
See what our customers are saying about us:
How to Get Approved for a Business Loan



Small Business Loan Requirements*
- At least 6 months in business
- $12,000 minimum in gross sales
- No open bankruptcies
Everything You Should Know About How to Get a Business Loan
At Fora Financial, we understand that your business’s finances are important to you.
That’s why we want to provide you with as much information about how to apply for a small business loan as possible. Keep reading to learn more about our business loan program, and about this type of loan in general.
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Why Fora Financial Business Loans Stand Out
At Fora Financial, we want to see your business succeed. That’s why our business loan product is flexible. Whether it’s terms up to 15 months or early payoff discounts as low as 10 cents on the dollar, our goal is to ensure that your business has the capital it needs.
Fora Financial’s Commitment to Customer Service
When applying for any type of business loan, it should be a personal experience. And once you receive your loan, this level of customer service must continue. That’s what we strive to do here at Fora Financial.
Throughout the financing process, you’ll receive focused attention from our staff. First, you’ll work with one of our knowledgeable Capital Specialists, who can answer any questions you have about the financing process.
Once you receive your loan, our customer service team will be there to assist you. They’ll provide you with information about your repayment process and connect you with a renewal representative when you’re ready for more financing.
3 Questions to Ask Yourself Before Applying For a Business Loan:

1. Why do I need a business loan, and how will I use the loan funds?
Knowing how you want to use your small business's working capital loan will help you determine how quickly you need it, the desired loan amount, and the cost you’re comfortable paying.

2. Do I have outstanding debt to pay off?
So, if you still have significant debt to pay off, we suggest waiting before you apply for a loan. You’ll likely feel more comfortable repaying a loan if you aren't obligated to make other debt payments at the same time.

3. Do I fully understand how the loan application process works?
How to Prepare Your Small Business Loan Application

Once approved, we’ll ask for your driver’s license, a void check, and proof of ownership of the business. To speed up the process, we suggest that you prepare these documents ahead of time.
Business Financing Requirements
We want to ensure that our valued applicants fully understand why we have the requirements that we do. For instance, we require that businesses be operational for at least 6 months before we’ll provide them with a loan. This is to ensure you’ve gotten your business off the ground, have a use for the capital, and can responsibly handle the payments.
Businesses typically qualify for our products if they make more than $12,000 a month in gross sales. We have this prerequisite because we don’t want to provide financing to a business if the repayment process will be too difficult for them to handle while meeting other responsibilities (such as paying rent or purchasing inventory).
In addition, we don’t work with businesses that have open bankruptcies, or any dismissed bankruptcies within the past year. We strive to collaborate with businesses that have an overall healthy financial situation.
Why Small Business Owners Benefit From Receiving a Loan
Receiving a loan can be a game changer for your business!
To date, we’ve provided more than 25,000 businesses nationwide with financing. These business owners have shared with us how receiving a loan positively affected their operations. Here are just a few ways that financing can help your business thrive:

You'll have money to utilize for whatever your needs are:

You can improve your credit score:

You'll have growth opportunities:

It brings peace of mind:
How to Use a Business Loan
There are so many ways to use a business loan to grow your operations. Here are just a few ways that you can spend additional financing:

Marketing:

Payroll:

Expansion:

Paying bills:

Cash flow:

Inventory:

Renovations:
