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Fora Financial Review 2026: Alternative Funding for Small Businesses
Adheres to
Adheres to 
Reviewed by Ricardo LaizoFora Financial offers quick access to capital for businesses that may not qualify for traditional bank loans.
While their factor rate pricing model results in higher costs than traditional lenders, they compensate with fast funding, responsive customer service, and flexible qualification requirements.
Best suited for businesses needing immediate working capital despite higher costs.
Lenient Eligibility Requirements: Fora Financial has more relaxed qualification criteria compared to classic banks, requiring only 6 months in business and no minimum credit score, making it accessible for businesses with less-than-perfect histories.
Fast Funding Process: Businesses can receive funds quickly, typically within 72 hours after approval, with many customers reporting funding within 24-48 hours - crucial for businesses facing urgent cash flow needs.
Flexible Funding Options: They offer both small business loans and merchant cash advances (MCAs), with funding amounts ranging from $5,000 to $1.5 million, accommodating various business sizes and financial needs.
How Fora Financial compares - Financer Score™
Financer score™ is our own point system which is updated live and based on several criteria that gives you a balanced view of the company quality.
Pricing
60
Fora Financial uses factor rates rather than traditional interest rates. Rates are higher than traditional lenders, with factor rates that can equate to substantial APRs. No advertised origination fees, but overall costs are above market average.
Customer Support
80
Based on our testing, they typically respond within 1-2 business days. Customer service is professional and knowledgeable, though we did find some reviews that mention occasional generic responses (which wasn't the case in our testing).
Terms and Flexibility
60
Standard terms and conditions align with industry practices. Loan terms are shorter (4-15 months) than traditional banks. Transparent about factor rate model but lacks detailed fee disclosure upfront. Fully regulated with adequate security protocols.
Popularity
67
The popularity score indicates the percentage of customers choosing this company the last 90 days.
Customer Experience
Small business owners praise the quick application process and responsive support team. Some customers do express concerns about high interest rates, but most appreciate the accessible funding options for businesses with less-than-perfect credit.
Loan Fora Financial in Fora Financial – Details
Terms & fees
Loan amount$5,000 - $1,500,000
Term2 months - 18 months
Annual interest rate20% - 99%
Nominal interest rate1.13% - 1.42%
Origination fee2.5% to 4%
Monthly fees$0
Interest rate typeFixed rate
Requirements
Minimum credit score580-669
Minimum years in business0.5
Minimum annual revenue$140,000
Company types availableAll business types accepted
National bank requiredYes
National phone number requiredYes
Headquarters in country requiredYes
Electronic identificationYes
Require tax returnsYes
Require bank statementYes
Require financial statementYes
Require business planNo
Collateral requiredNo
Personal collateral requiredNo
Features
Revocation periodNo
Weekend payoutNo
Loan extensionsYes
Early paybackYes
Loan brokerNo
P2P LenderNo
Possible for start-upsYes
Line of creditYes
Additional fields
Recommended companyYes
Company information – Information
Company nameFora Financial
Websitehttps://www.forafinancial.com
Phone1-877-514-8062
Emailinfo@forafinancial.com
Address519 8th Avenue, 11th Floor, New York, NY 10018
