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Description

Fora Financial is a business financing company that provides multiple funding options for small and midsize businesses. Its products include revenue advances, lines of credit, SBA loans, business term loans, equipment financing, and small business loans. Revenue advances are repaid using a fixed percentage of daily or weekly gross receipts, allowing payments to adjust during lower-cash-flow periods. Lines of credit provide ongoing access to funds that businesses can draw as needed, with advertised limits ranging from $5,000 to $100,000. Term loans provide lump-sum financing with predictable payments, while equipment financing is intended for purchases, repairs, or leases of business equipment. Small business loans can provide working capital for expansion, cash flow management, and other operating expenses, with terms of up to 18 months and funding amounts of up to $1.5 million. Fora Financial states that completed applications can receive approval decisions in as little as four hours and funding as soon as 24 hours after an offer is accepted. Applications are reviewed using underwriting factors that may include business and personal credit, revenue consistency, cash flow, time in business, and industry-specific requirements. Fora Financial is intended for business owners that need flexible access to capital for growth, equipment, payroll, inventory, acquisitions, bridge financing, or general working capital.

Description

Manage all your financial activities seamlessly from a single platform. Experience transparent credit solutions, insightful cash flow analytics, and convenient bill payment services, specifically crafted for the eCommerce sector. With all your income and expenditures consolidated into one dashboard, you'll gain valuable insights designed to propel your eCommerce venture forward. Enhance your cash flow with instant payouts that come at no additional cost, ensuring you have the necessary funds to support your suppliers and marketing efforts. Our revenue-based line of credit is tailored exclusively for eCommerce businesses, allowing you to access more credit as your revenue increases. You can secure a true banking line of credit equivalent to up to one month of your sales revenue, complete with a flat APR that simplifies comparisons with other financing options. Avoid paying interest on loans that go unused; you can draw from your credit line only as needed. Take control of your finances by issuing spend cards that allow you to set configurable spending limits. Opening an account is quick and easy, taking less than five minutes to complete the sign-up process, enter your information, and link your eCommerce accounts. Once you're set up, you can start utilizing your cash account and cards immediately, with no credit check required, ensuring a hassle-free experience. By simplifying financial management, we empower you to focus more on growing your business.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

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Screenshots View All

Integrations

Amazon No 
Shopify No 

Integrations

Amazon Yes 
Shopify Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Fora Financial

Founded

2008

Country

United States

Website

www.forafinancial.com

Vendor Details

Company Name

Highbeam

Country

United States

Website

www.highbeam.co

Product Features

Product Features

Business Bank Accounts

Bank Wires No 
Bill Pay No 
Billing & Invoicing No 
Business Credit Cards No 
Checking Account No 
Checks No 
Expense Management No 
Instant Payouts No 
No Fee Payments No 
Rewards No 
Savings Account No 
Spend Management No 

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