ForwardLine

ForwardLine is a financing company that gives its clients access to loans, merchant cash advances, and payment processing services. It was founded in 2003 by a group of business professionals that wanted to make it easier for companies in the United States to find the capital needed to expand operations and improve sales strategies. Today, ForwardLine has a financing volume over $250 million and a payment processing volume over $1 billion.

• Fixed rates: ForwardLine offers fixed rates for all business loans so borrowers know exactly how much they have to repay.

• Instant approvals: ForwardLine uses an online approval system that can evaluate a business’s creditworthiness within a few minutes.

• Merchant cash advance: A merchant cash advance from ForwardLine gives businesses access to cash that they repay over several months by giving the lender a portion of their daily credit card sales.

• Flexible repayment plans: Borrowers can choose between six, nine and 12-month repayment plans that match their business plans.

• Payment processing: ForwardLine provides a wide range of payment processing options that let businesses accept payments via credit card, debit card, electronic check, and prepaid gift cards.

• Best for: Small businesses that need access to capital to expand and grow.