Term financing reaches $ 1 billion in funding for underserved small businesses

Term financing reaches $ 1 billion in funding for underserved small businesses

BOSTON, March 2, 2021 / PRNewswire / – Forward Financing, a financial technology company that provides flexible, revenue-based financing to small businesses, today announced that it has provided $ 1 billion in financing since its inception in 2012. The The majority of this funding has gone to underserved small businesses across the country, those that cannot obtain funding from traditional sources like banks or the Small Business Administration.

Justin Bakes, Co-Founder and CEO, launched Forward Financing in 2012 to expand Main Street’s access to capital

“Nine years ago, we started this business realizing that so many small businesses don’t have access to working capital,” said Justin Bakes, co-founder and CEO of Forward Financing. “As we turn to our neighbor…

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  • Headline: Term financing reaches $ 1 billion in funding for underserved small businesses
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