Head to head · Term loans
Fora Financial vs Forward Financing
Fora Financial is a direct funder based in New York, NY; Forward Financing is a direct funder based in Boston, MA. Both offer term loans, revenue-based financing, working capital and merchant cash advances. Everything below comes from each funder's own website, with the date we checked it on each profile.
Side by side
- Type
- Direct funder
- Amounts
- $5K–$1.5M
- Min. credit
- 570+
- Time in business
- 6 months
- Min. revenue
- Not published
- Price
- Factor 1.13–1.50 Working capital
- Speed
- As little as 24 hours
- Type
- Direct funder
- Amounts
- $5K–$500K
- Min. credit
- 500+
- Time in business
- 1 year
- Min. revenue
- $10,000/mo
- Price
- Not published
- Speed
- Same day
What's different
The differences that change your decision
Funding amounts
Fora Financial: $5,000 to $1.5 million. Forward Financing: $5,000 to $500,000.
Published minimums
Fora Financial lists a 570 credit score and 6 months in business. Forward Financing lists a 500 credit score, 1 year in business and $10,000 a month in revenue.
Price
Fora Financial: a factor rate of 1.13 to 1.50 on working capital. Forward Financing: no price published.
Product range
Only Fora Financial lists lines of credit, SBA loans and equipment financing.
Which fits
Choose based on your file
Fora Financial may fit if
Consider Fora Financial if you've been in business at least 6 months but less than 1 year, you need more than $500,000 and you want a published price before you apply.
Full Fora Financial profileForward Financing may fit if
Consider Forward Financing if your credit score is between 500 and 570.
Full Forward Financing profileWhichever you're considering, compare the dollar cost and estimated APR of real offers, not the published minimums. Compare offers side by side.
One application, many funders
Get offers from both, and more
Apply once. We match you with funders whose criteria fit, you approve each one, and every offer comes decoded side by side.
- About 3 minutes. No SSN and no bank login to start, so checking doesn't affect your credit.
- 4 months of bank statements. A specialist contacts you within 1 business day and asks for them through a secure link.
- You approve every funder before your file goes out. No cost to apply, and no obligation to accept.