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Fora Financial Announces New Senior Credit Facility, Borrowing Capacity Increases to Up to $150 Million
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New Credit Facility With Credit Suisse and Hudson Cove Will Enable Fora Financial to Expand Access to Capital for Small Business Customers
“In light of the pandemic-related obstacles we and our customers have overcome over the past 12 months, this is an important milestone that will help us deepen our support of the small business community we are proud to serve.” NEW YORK (PRWEB) April 05, 2021 Fora Financial, a leading provider of flexible working capital to small- and medium-sized businesses nationwide, announced today the closing of a $100 million revolving credit facility with Credit Suisse and Hudson Cove Capital Management. Sector Financial Inc., an affiliate of Credit Suisse, provided access to the debt facility, which will give the company up to $150 million of borrowing capacity ove