Is Fora Financial legit?
Yes, Fora Financial is a legit financial service.
Average rating: 3.88 / 5
Weighted average rating: 4.36 / 5
Based on 744 reviews from 10 sources
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.source
FORA has the awesomest team who work with you to find the BEST credit deal for your business! I own an IT consultancy firm and needed some support to hire new employees and more equipment. I must say I am very much happy with the deal I got. I recently hired a new guy and need to hire two more and so far, everything is goin g great! Highly recommended!source
Fora Finacial did a wonderful job for our company we are able to build a business relationship and John Rodriguez did a wonderful job as far as getting the assistance we need it for our company it doesn’t matter your credit score it could be low they’re still able to help you so don’t panic call FORA Finacial they can help you get out of the situation if you own a company.source
They were not straight forward about early payoff and took advantage of my company for $8000.00source
After submitting all information required and making emails and calls my POC has not responded to me. Customer service is lacking here. I have gotten other offers from another lender which I have taken but it would have been nice for them to respond back. I wont consider them in the future.source
Business Capital Advance segment is an expensive funding option.source
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"Is Fora Financial Legit?"
Fora Financial is a financial service provider that offers small businesses access to working capital through short-term loans and merchant cash advances. As with any financial service, it's important to thoroughly research and assess the legitimacy of the company before entering into any agreements. In this article, we will review Fora Financial's quality of service, customer reviews, customer support, key features, pros and cons, and provide a conclusion on the legitimacy of the company.
Quality of Service:
Fora Financial has been in business since 2007, and during that time they have provided financing to over 15,000 small businesses. They have a team of experienced lending specialists who work with businesses to understand their unique financing needs and provide customized solutions. In terms of the quality of their financial products, Fora Financial offers competitive rates and flexible repayment terms. They have a high approval rate, and funds can be deposited into a business's account as quickly as the same day the loan is approved.
Reviews from Real Users:
There are mixed reviews of Fora Financial from real users. Some businesses have had positive experiences with the company and have been able to secure the financing they needed to grow their businesses. However, there are also a number of complaints from businesses who have had negative experiences with Fora Financial. These complaints include issues with the terms of the loan, high fees, and difficulty in working with the company. It's worth noting that any financial service provider is likely to have both satisfied and dissatisfied customers, and it's important to carefully consider all reviews and do your own due diligence before making a decision.
Fora Financial has a dedicated customer support team available to answer questions and assist with the loan process. They can be reached by phone or email during business hours. In addition, they have an informative FAQ section on their website that provides answers to common questions.
Short-term loans and merchant cash advances: Fora Financial offers financing options that can provide quick access to working capital.
High approval rate: Fora Financial has a high approval rate, making it easier for businesses to secure the financing they need.
Fast funding: Funds can be deposited into a business's account as quickly as the same day the loan is approved.
Flexible repayment terms: Fora Financial offers flexible repayment terms to accommodate the unique needs of each business.
Quick access to working capital: Fora Financial's financial products can provide businesses with the funds they need to grow and succeed.
High approval rate: The company has a high approval rate, which means more businesses are likely to be approved for financing.
Fast funding: Funds can be deposited into a business's account quickly, allowing businesses to take advantage of opportunities as they arise.
Mixed reviews: There are mixed reviews of Fora Financial from real users, with some businesses having positive experiences and others having negative experiences.
High fees: Some businesses have complained about high fees associated with Fora Financial's financial products.
Overall, it appears that Fora Financial is a legitimate financial service provider that has been in business for over a decade and has provided financing to thousands of small businesses. They offer competitive rates and flexible repayment terms, and have a high approval rate. However, as with any financial service, it's important to carefully consider all reviews and do your own due diligence before making a decision. It's also crucial to thoroughly understand the terms of any loan or financing agreement to ensure that it is a good fit for your business.
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