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
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
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
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
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.
