Is Fora Financial Business Loans the right fit for you?
Last Updated: 09/17/2026
Cast Your Vote
Compare All Business Loans
Filter & compare all your options in one place.
Highlights
Community Rating
Strongly recommended
Amount Range
$5,000 - $1,500,000
APR (Fixed APR)
10% - 50%(Verified 11/16/2024)
Disclaimer popup with additional information
Loan Term (Months)
6 - 18
Number of Reviews
Fora Financial Business Loans Review
Fora financial is a business financing offering by Fora Financial, based in New York, NY. Founded in 2008, Fora Financial offers access to small business loans in 50 states (and Washington, DC).
Fora financial FAQ
What are Fora financial rates?
Fora financial offers a fixed APR business financing product that ranges from 10% APR up to 50% APR.
Does Fora financial charge an origination fee?
Yes, Fora financial charges a loan origination fee of 2% of the business loan amount . Fora financial deducts the fee directly from your business loan amount before disbursing loan proceeds, so make sure you take this fee into account when deciding how much you need to borrow.
Does Fora financial charge prepayment fees?
No, Fora financial does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the business loan off early.
How much can you borrow from Fora financial?
Business loan amounts start at $5,000 and go up to $1,500,000.
What is the maximum business loan term you can get with Fora financial?
Fora financial offers small business loans with terms ranging from 6 to 18 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
What do you need to qualify for Fora Financial Business Loans?
Fora Financial Business Loans requires companies to be in business for at least 12 months. Businesses must have a minimum annual revenue of $300,000 to be considered.
Applicants with a credit score of at least 600 and up to 850 may be eligible for Fora Financial Business Loans. U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Fora Financial Business Loans.
To qualify, applicants may need to provide the following documentation:
- Bank account information
- Driver's license or other government photo ID
What is the estimated funding time for a business loan via Fora financial?
Fora financial can fund small business loans within 5 business days.
Does Fora Financial perform a hard credit pull?
Yes, Fora financial performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from Fora financial
Other Services by Fora Financial
Merchant Cash Advance
Be the first to rate
Availability
Available in 50 states and Washington, D.C.
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
SuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +100, or 5 on a 5-point rating scale.
+100
-1000+100
No one recommends
Everyone recommends
Reviewer Sentiment Over Time
Fora Financial Business Loans Community Reviews
Would you recommend Fora Financial Business Loans to your friends?
U
Anonymous
Aug 24, 2023
Would Recommend
Great company good people to work with I would recommend this company to everyone I know
KG
Kalvin G.
Dec 10, 2022
Would Recommend
Try it out make you a account and stay logged in
MA
Moses A.
Jul 23, 2021
Would Recommend
Thanks to Fora Financial for helping our business with a loan. We need this loan so much, and you finally helped us in finding the best solution. We really appreciate it.
ES
Elana S.
Feb 27, 2021
Would Recommend
benchmark for online lenders. It offers relatively fast funding in the form of short-term loans and merchant cash advances with relaxed credit qualifications. The funding isn't cheap, but it's not absurdly expensive either, with rates coming in slightly under the median.
Michael B.
Jan 22, 2021
Would Recommend
Working with George was actually a pleasurable experience , in the past i have dealt with other brokers and this time it was quite different. George made the process so easy with the way he explained things and worked with me regarding my present situation. He answered all my questions and even went the extra mile when the lender asked for more information and documents. through the whole process George ...Show More
MP
Matt P.
Dec 5, 2020
Would Recommend
Fora Financial Business Loans is a loan company that will go from $10,000 to $500,000 dollars for a loan. My family started a small business venture in which we needed a business loan of around $80,000 and made sure to pay it back as fast as possible One requires minimum revenue of $150,000 with a credit score of 50to 0 850. Once qualified the loans they offer are vast, Inventory, ...Show More
AM
Anthony M.
Apr 17, 2018
Would Recommend
John Donahue was great to work wth. I had heard a lot about high rates but in my case they were able to give me a decent rate and worked out great in the end.
SM
Steve M.
Nov 28, 2017
Would Recommend
Didn’t move forward with business financing but dealing with Fora was so easy! If I decide I need money in the future I’m definitely going to call them.
U
Anonymous
Oct 20, 2017
Would Recommend
I knew that were a few options out there but I'm glad I contacted Fora first. This was also my first time applying for financing from a direct lender like Fora as opposed to a big bank but the whole reason why I contacted them is because I got rejected by several banks! My rep at fora took the time to understand by business needs and challenges before even talking ...Show More
Showing 9 of 9 reviews
You might also like
Best Small Business Loans
SuperMoney
How and Where to Find Funding for Small Businesses
Heather Skyler
Top 7 Funding Options for Buying an Established Business
Julie Bawden-Davis
How to Find the Right Investor for Your Startup Business
Jessica Walrack
How to Find Funding For Starting a Franchise Business
Danielle Small