Forward Financing Small Business of Year for Community Impact
June 10, 2021 | Company News
June 9, 2021 – The Greater Boston Chamber of Commerce recently honored Forward Financing as one of the Small Businesses of the Year for Community Impact.
Recognition for Community Impact
The annual Small Business of the Year Awards showcase the contributions of businesses to the community in six categories. Forward Financing was recognized for the Community Impact category for demonstrating “a commitment to enhancing the future of the Greater Boston community through a focus on social impact.”
“At Forward Financing, we believe that small businesses are the cornerstone of our economy,” said Justin Bakes, the company’s co-founder and CEO. “When small businesses do well, we all do well. That’s why we started Forward Financing – to help small business owners spend less time finding capital and more time helping their customers and growing their business.”
Supporting small businesses in the Greater Boston region has always been one of the company’s top priorities. Over the past several years, Forward Financing has provided over $18 million in funding to over 360 small businesses in the region. The majority of this funding has gone to underserved small businesses that cannot obtain financing through traditional sources like banks or the Small Business Administration.
Dedicated to Underserved Small Businesses
In 2020, Forward helped its small business customers make it through the most challenging months of the pandemic by providing fast payment relief to thousands of customers and helping hundreds more apply for Payment Protection Program loans. The company was recently recognized by the American Business Awards as one of the Best Customer Service Departments of the Year, recognizing the company’s dedication to putting its customers first.
“Congratulations to the six honorees of our annual Small Business of the Year Awards. The region’s small businesses have always been the heartbeat of our economy, fueling job growth and economic opportunity in our communities. Through the challenges of the pandemic, small businesses exhibited grit and perseverance. During the economic recovery, we must continue to support, celebrate, and champion small businesses,” said James E. Rooney, President and CEO of the Greater Boston Chamber of Commerce.
About Forward Financing
Forward Financing is a Boston-based financial technology company that provides fast, flexible working capital to small businesses nationwide. Their dedicated account representatives and advanced proprietary technology help customers spend less time finding capital and more time growing their businesses. With a simple online application, business owners can trust that Forward Financing works to get them approvals within minutes, funding within hours, and personalized support when they need it most.
Since 2012, Forward Financing has expanded Main Street’s access to capital by providing over $1 billion in funding to nearly 30,000 small businesses. The company is A+ rated by the Better Business Bureau and ‘Excellent / 4.9 stars’ on Trustpilot.com. Forward Financing was named a Best Place to Work by both the Boston Business Journal and Built In Boston, and has been named by both Inc. Magazine and the Boston Business Journal as one of Massachusetts’ fastest-growing companies each year since 2017. Forward Financing is committed to helping more small business owners succeed and achieve their full potential. To learn more, visit www.forwardfinancing.com.
About the Greater Boston Chamber
We are the convener, voice and advocate of our region’s business community, committed to making Greater Boston the best place for all businesses and all people to thrive. We help our members and Greater Boston succeed by convening and connecting the business community; researching, developing and advocating for public policies that contribute to our region’s economic success; and providing comprehensive leadership development programs designed to grow strong business and civic leaders. Learn more at BostonChamber.com.