Fora Financial approves cash flow solutions within 24 hours, with capital available within 72 hours
Thryv Holdings, Inc, the small business platform for growing small- to medium-sized businesses, announced a partnership with Fora Financial to offer small businesses access to the capital they need to grow.
Fora Financial will now be offered through Thryv’s growing marketplace, allowing business owners to apply for lending in minutes. Fora Financial offers terms up to 15 months, flexible payments, early pay-off discounts, and no restrictions on use of funds.
The partnership offers a range of financing amounts from $5,000 to $750,000 with no collateral required. Small Business Administration (SBA) 7(a) loans, the most common in SBA’s portfolio, require collateral if the loan amount is greater than $25,000. The approval process for Fora Financial financing occurs in less than 24 hours, and once a financing is approved and terms have been accepted, capital is available in 72 hours.
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“We have always been committed to helping small businesses solve a variety of needs, and in the current economic climate, helping them gain access to capital is a priority,” said Ryan Cantor, chief product officer at Thryv. “Whether it’s adding a truck to their fleet or a game-changing piece of equipment, small businesses have evolving needs and Thryv helps solve them.”
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“At Fora Financial, we are dedicated to providing small businesses with the fast, uncomplicated funding solution they require to succeed,” says Fora Financial president Andrew Gutman. “As the economic environment continues to change, our consultative approach to understanding small business’ needs will offer the Thryv community the working capital required to grow and thrive.”
