Forward Financing Secures Another $525 Million to Support Small Businesses

Forward Financing , a provider of capital to small businesses across the United States, secured $525 million of new financing that brings the company’s total committed funding capacity to nearly $700 million. The new financing includes a $350 million variable funding note (VFN) facility and a $175 million asset-backed securitization (ABS), the company said in a Thursday (July 16) press release . The transactions refinance Forward Financing’s existing warehouse facility and, with the company’s in