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Founded Year

2008

Stage

Line of Credit | Alive

Total Raised

$130M

Last Raised

$130M | 5 mos ago

About Fora Financial

Fora Financial is a company that focuses on providing capital funding in the financial services sector. It offers small business loans and revenue advances, which are financial solutions designed to help businesses manage their cash flow and accommodate temporary revenue dips. The company primarily serves sectors such as auto, construction, manufacturing, medical, restaurants, retail, services, transportation, and wholesale. It was founded in 2008 and is based in New York, New York .

Headquarters Location

519 Eighth Avenue 11th Floor

New York, New York, 10018,

United States

877-419-3568

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Latest Fora Financial News

Fora Financial Surpasses $4B in Capital Provided to Small Businesses

Feb 15, 2024

Fora Financial Surpasses $4B in Capital Provided to Small Businesses February 15, 2024, 07:23 AM Fora Financial , a provider of short-term financing to the SMB community, announced it has surpassed $4 billion in capital provided to more than 55,000 small businesses since its inception in 2008. The company achieved this milestone on the heels of a record-setting 2023, in which it supplied the nation’s small businesses with over half a billion dollars of flexible financing. “In a year of challenging economic conditions when small business confidence levels fell to historical lows, the Fora Financial team took great pride in expanding our support for the SMB community,” said Andrew Gutman, Fora Financial’s Chief Operating Officer. After achieving this significant milestone, Fora Financial has continued its impressive momentum entering 2024. In January, the company deployed more capital than in any previous month in its history. "This record-setting month further solidifies our dedication to supporting the SMB community amidst economic uncertainty," said Gutman. "Our broad sales relationships, diversified capital base, and deep funding experience enable us to continue financing small businesses through the ups and downs of the economic cycle." As the SMB community continues to navigate through the challenges ahead, Fora Financial remains steadfast in its mission to provide essential financial support to small businesses across America.

Fora Financial Frequently Asked Questions (FAQ)

  • When was Fora Financial founded?

    Fora Financial was founded in 2008.

  • Where is Fora Financial's headquarters?

    Fora Financial's headquarters is located at 519 Eighth Avenue, New York.

  • What is Fora Financial's latest funding round?

    Fora Financial's latest funding round is Line of Credit.

  • How much did Fora Financial raise?

    Fora Financial raised a total of $130M.

  • Who are the investors of Fora Financial?

    Investors of Fora Financial include Castlelake, Truist Financial and Palladium Equity Partners.

  • Who are Fora Financial's competitors?

    Competitors of Fora Financial include Kapitus and 6 more.

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