ForwardLine

ForwardLine

Non-bank lender providing small business owners, nationwide, with alternatives to traditional business loans. Learn more
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$100m

Early VC
Total FundingAUD155m

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ForwardLine Financial is a lending company that specializes in providing financial support to small businesses across America. The company has been in operation for over 15 years and has funded over 20,000 small businesses, delivering over half a billion dollars in funding.

The company's business model is centered around a customer-focused approach. They have simplified the loan application process, making it easier for small businesses to access funding. Applicants simply answer a few questions about their business and themselves, and ForwardLine quickly makes a funding decision.

ForwardLine operates in the financial services market, specifically in the small business lending sector. Their primary clients are small businesses in need of financial support to grow and thrive. The company makes money by charging interest on the loans it provides.

The company also offers a renewal program for existing customers, potentially offering lower rates and larger loan amounts, assuming the customer's credit profile has not negatively changed since their last financing with ForwardLine. However, any deterioration in a customer's credit profile or changes in ForwardLine's credit or underwriting policies may affect eligibility for renewal benefits.

It's important to note that ForwardLine's services are not available in all states, and in some states, they may offer a purchase of future receivables instead of loans. They currently do not offer any product in Nevada, North Dakota, Rhode Island, South Dakota, and Vermont.

Keywords: Small Business Loans, Financial Services, Customer-Focused, Simplified Application, Funding, Renewal Program, Interest Rates, Credit Profile, Future Receivables, Geographic Limitations.

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