Forward Advances is a Financial Services startup founded in 2020. The company's slogan "Forward Advances provides capital and access to industry experts for entrepreneurs without equity, penalties or personal guarantees," encapsulates its core mission. Forward Advances aims to democratize and personalize financial solutions for entrepreneurs by providing capital to growing companies for their marketing and inventory needs. Additionally, they offer access to a network of industry experts to further enhance the business.
The company recently secured a £2.20M Seed Round investment on 16 March 2021 from Forward Partners. This injection of capital will likely fuel the company's growth and enable them to extend their support to a wider range of entrepreneurs.
One of the standout features of Forward Advances is their repayment structure, designed to be fair and straightforward. Repayment is based on a percentage of weekly revenue, eliminating the need for equity, late fees, personal guarantees, or penalties.
Overall, Forward Advances' innovative approach to providing capital and support to entrepreneurs, coupled with their recent investment, positions the company well for future growth and impact within the startup ecosystem.
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