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feature a fixed payback schedule that helps in budget planning.
by FORA FINANCIAL
5 minute read
March 31, 2021
Technically, there's no set structure or terms for payday loans. These loans are typically expensive, short-term loans of $100 to $1000. However, loan amounts, fees, and rates vary significantly based on state law.
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March 23, 2021
Small business loan programs are one of the ways that the U.S. Small Business Administration aims to benefit American small businesses. Through their loan programs, borrowers can get up to 80 percent of loan principals...
March 22, 2021
Double-entry accounting is one of the many subjects you probably didn't know much about when you decided to start a small business. Still, if you want to be a successful entrepreneur, you must educate yourself...
If you want to start your own business, opening a pharmacy can be a profitable endeavor. Compared to other industries, independent pharmacies have a healthy profit margin — 22 percent on average in 2019.
March 17, 2021
It's easy to see invoice reconciliation as just another task on your to-do list. In reality, though, reconciling invoices is a critical accounting process that can save you thousands of dollars. Reconciling invoices helps you...
6 minute read
March 16, 2021
Nearly every industry requires equipment to properly function. Examples of industries that require significant equipment include, but aren't limited to: Restaurants Construction firms Office-based businesses Medical firms Manufacturing companies Although equipment is necessary, it doesn't...
March 12, 2021
If you have bad credit, getting approved for a term loan—or even a credit card—can be immensely frustrating. That’s partially why small business grants are a popular alternative to debt financing.
4 minute read
March 11, 2021
Fortunately, it's often possible to prevent or correct the worst kinds of revenue leakage. You just have to be willing to identify and face the problem. So, what is revenue leakage and how do you...
March 10, 2021
If you own a home with some equity and wish to start a small business, a home equity loan can help. However, before you pursue this type of loan, you should weigh the pros and...
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Fora Financial Posts 17% Growth in 2025, Marking Record Funding Year of Businesses
Funding Amount: $1,000,000
Industry: Manufacturing
Use of Funds: Facility Launch, Labor, and Materials
Funding Amount: $5,000,000
Industry: Manufacturing — Building Products
Use of Funds: Partner Buyout & Debt Recapitalization
Funding Amount: $250,000
Industry: Interior Design
Use of Funds: Market Expansion, Team Growth
Funding Amount: $60,000
Industry: Retail
Use of Funds: Inventory Purchase, Debt Consolidation
Funding Amount: $135,000
Industry: Security Services
Use of Funds: Bridge Financing, Debt Consolidation
Funding Amount: $1,500,000
Industry: Construction
Use of Funds: Project mobilization, upfront operating costs
