Forward Financing Named to Inc.’s Second Annual Power Partner Awards
October 24, 2023 | Company News
Boston, Massachusetts, October 24, 2023 – Today, Inc. Business Media announced the second annual Power Partner Awards, honoring B2B organizations across the globe that have proven track records of supporting entrepreneurs and helping small businesses grow. The list recognizes 389 firms in marketing and advertising, health and wellness, financial services, legal, logistics, and productivity, as well as other areas of business.
All 389 companies received top marks from clients for being instrumental in helping leadership navigate the dynamic world of small businesses. These B2B partners support entrepreneurs across various facets of the business, including financing, hiring, compliance, infrastructure development, cloud migration, fundraising, etc., allowing founders to focus on their core missions.
“Trusted B2B partners provide guidance and expertise that founders rely on at various steps of their organization’s journey. Partners that possess a demonstrated ability to deliver quality support are at the core of entrepreneurship and help bring big ideas to life,” says Scott Omelianuk, editor-in-chief of Inc. Business Media.
“Our mission is to provide small businesses with the capital they need to thrive,” said Co-founder and CEO, Justin Bakes. “At Forward, we believe small businesses are the backbone of our economy and our communities. This award is truly a testament to the hard work our team does everyday to support them. It is our honor to call ourselves a partner and a cheerleader for these entrepreneurs.”
Forward Financing is a Boston-based financial technology company, providing fast, flexible working capital to small businesses that have been underserved by traditional financing options.
Since their inception in 2012 they have provided over $2.2 billion in revenue-based financing to more than 52,000 small businesses across the U.S.
Unlike a traditional bank loan or line of credit, Forward provides revenue-based financing, which has certain advantages that make it uniquely suitable for small businesses. No interest ever accrues on their funding – business owners pay a set dollar amount agreed upon up front, no matter how long the payment period may last. Payment relief is built-in, so if a business experiences decreased revenues, Forward will work with them to adjust payments accordingly. Plus, their process is transparent and fast enabling business owners to focus on what matters most – running their business.
To view the complete list of Inc. Power Partners , go to: https://www.inc.com/power-partner-awards/2023
About Inc. Business Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community they need to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastestgrowing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
About Forward Financing
Forward Financing is a Boston-based financial technology company that provides fast, flexible capital to small businesses nationwide that have been long underserved by traditional financing options. Forward offers revenue-based financing – delivering an upfront sum of working capital in exchange for a fixed percentage of the business’s future revenue. By simplifying the requirements, streamlining the process, and using advanced proprietary technology, Forward is able to deliver approvals within minutes and funding within hours — giving more businesses the financial opportunity they need to thrive. Plus, with their dedicated teams and award-winning service, customers get personalized support when they need it most.
Since 2012, Forward has expanded Main Street’s access to capital by providing over $2.2 billion in funding to more than 50,000 small businesses. The company is A+ rated by the Better Business Bureau, with an Excellent / 4.9 stars rating on Trustpilot.com. Forward is also recognized as a Best Place to Work by the Boston Business Journal and Built In Boston, certified as a Great Place to Work®, and is committed to helping their people and the small businesses they serve to achieve their full potential.