Founded in 2008, Fora Financial was started by two college roommates looking to make their mark in the alternative financing industry. Based in New York City, the company started off with only a few employees and has since grown to over 100 individuals. In the almost 10 years that the company has been operational, it has provided more than $600 million to over 12,000 business owners across the United States.
The company provides two products:
- Small Business Loans: Fora Financial provides small business loans ranging from $5,000 to $500,000.
- Merchant Cash Advances: This product is beneficial to businesses that primarily make sales through credit card transactions. The merchant funding project ranges from $5,000 to $500,000.
A wide variety of industries:
Fora Financial provides working capital to business owners in a wide range of industries. From restaurants to retail businesses to construction companies, Fora Financial is able to provide personalized working capital to business owners looking to grow their operations. The company realizes that business owners have different needs, which is why their financing options can be tailored to each business’s situation.
Dedication to transparency
As previously covered by deBanked Magazine, the company has been able to evolve over time due to its commitment to transparency. Fora Financial is committed to providing customers with secure, reliable financial services. They do this by giving customers access to their state-of-the-art platform, which enables them to see their financing progress in real-time. It also allows them to communicate with Fora Financial’s knowledgeable capital specialists. The company strives to ensure that each and every customer is given individualized attention.
Fora Financial is optimistic about the future, and looks forward to serving more business owners throughout the United States.
Source: Fora Financial