Fora Financial and Celtic Bank Join Forces to Broaden Nationwide Lending Options
In a move designed to bolster funding for small and medium-sized enterprises (SMEs) across the United States, Fora Financial has announced a strategic partnership with Celtic Bank. This collaboration aims to significantly improve access to flexible capital for business owners during challenging economic times, thereby enabling them to manage growth and cash flows more effectively.
Fora Financial, a leader in providing adaptable financing solutions, has built a firm reputation in the market, having disbursed over $4 billion in working capital to more than 55,000 businesses since its inception in 2008. The company's track record showcases its commitment to understanding the diverse financial needs of SMEs and delivering timely support when required.
The partnership with Celtic Bank, a Utah-chartered industrial bank known for its innovative lending solutions, represents a significant enhancement of Fora's existing financing capabilities. By leveraging Celtic Bank's established infrastructure and lending expertise, Fora Financial aims to improve the speed and scale at which it can offer capital to businesses seeking funding options tailored to their unique circumstances.
"This partnership with Celtic Bank represents a significant milestone for Fora Financial and the businesses we serve," stated Jared Feldman, CEO of Fora Financial. He emphasized that the collaboration is designed to break down previous barriers to financing, allowing Fora to provide any SME with the most appropriate financial solutions nationwide.
Reese Howell, Jr., CEO of Celtic Bank, expressed enthusiasm about the partnership, highlighting the mission of both organizations to support financial innovation while upholding the highest regulatory standards. He noted that with their combined efforts, they are poised to expand access to vital capital for small businesses across the country.
As businesses find themselves facing evolving economic landscapes, the need for reliable financing options is more apparent than ever. Many SME owners are keen on securing flexible options that can quickly adapt to their business needs, from managing cash flow to facilitating expansion. The Fora and Celtic partnership aims to provide such solutions, enabling businesses to thrive even in uncertainty.
In summary, the alliance between Fora Financial and Celtic Bank marks an important development in the SME financing landscape, with both firms dedicated to providing high-quality financial solutions that foster business growth and resilience. As they continue to innovate in this space, the impact of their collaboration could be far-reaching, paving the way for more businesses to successfully navigate the challenges ahead.
By staying true to their commitment to responsible lending, both companies are not only looking to enhance their market share but also to positively contribute to the economic growth of the SMEs they serve. This partnership underscores the importance of collaboration in achieving greater financial accessibility, which remains a crucial element for the vitality of small businesses across the U.S.
Fora Financial, a leader in providing adaptable financing solutions, has built a firm reputation in the market, having disbursed over $4 billion in working capital to more than 55,000 businesses since its inception in 2008. The company's track record showcases its commitment to understanding the diverse financial needs of SMEs and delivering timely support when required.
The partnership with Celtic Bank, a Utah-chartered industrial bank known for its innovative lending solutions, represents a significant enhancement of Fora's existing financing capabilities. By leveraging Celtic Bank's established infrastructure and lending expertise, Fora Financial aims to improve the speed and scale at which it can offer capital to businesses seeking funding options tailored to their unique circumstances.
"This partnership with Celtic Bank represents a significant milestone for Fora Financial and the businesses we serve," stated Jared Feldman, CEO of Fora Financial. He emphasized that the collaboration is designed to break down previous barriers to financing, allowing Fora to provide any SME with the most appropriate financial solutions nationwide.
Reese Howell, Jr., CEO of Celtic Bank, expressed enthusiasm about the partnership, highlighting the mission of both organizations to support financial innovation while upholding the highest regulatory standards. He noted that with their combined efforts, they are poised to expand access to vital capital for small businesses across the country.
As businesses find themselves facing evolving economic landscapes, the need for reliable financing options is more apparent than ever. Many SME owners are keen on securing flexible options that can quickly adapt to their business needs, from managing cash flow to facilitating expansion. The Fora and Celtic partnership aims to provide such solutions, enabling businesses to thrive even in uncertainty.
In summary, the alliance between Fora Financial and Celtic Bank marks an important development in the SME financing landscape, with both firms dedicated to providing high-quality financial solutions that foster business growth and resilience. As they continue to innovate in this space, the impact of their collaboration could be far-reaching, paving the way for more businesses to successfully navigate the challenges ahead.
By staying true to their commitment to responsible lending, both companies are not only looking to enhance their market share but also to positively contribute to the economic growth of the SMEs they serve. This partnership underscores the importance of collaboration in achieving greater financial accessibility, which remains a crucial element for the vitality of small businesses across the U.S.
Topics Financial Services & Investing）
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