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10 Best FinTech Companies to Watch 2020

Forward Financing– Providing fast, flexible working capital to small businesses nationwide


"Our proprietary technology enables us to serve businesses in more than 700 industries, regardless of whether you're overcoming an obstacle or seizing an opportunity."

Financial institutions, financial procedures, and financial services have drastically evolved and improved in the last few decades. With the evolution of technology, the entire industry has undergone a massive transformation that has changed the way the financial procedures are carried out and the way the financial institutions operate. The collaboration between finance and technology (Fintech) has led to a radical change in several aspects of finances like banking, investment, trading, cryptocurrency and more.

Forward Financing is a Boston-based financial technology company that provides fast, flexible, and reliable working capital to small and medium-sized businesses nationwide. By combining proprietary technology with a dedicated team of small business financing experts, Forward Financing delivers same day funding with the speed and simplicity business owners need to succeed and grow. With an online application process that is simple, safe, and secure, businesses can trust Forward Financing for approvals within minutes, funding within hours, and personalized support and service when they need it most.

Forward Financing has provided over $750m in funding to more than 20,000 small businesses and has been regularly recognized as an industry leader. The company is A+ rated by the Better Business Bureau and consistently receives top ratings from its clients across all major customer review platforms. In 2017 and 2018, Forward Financing was named by both Inc. Magazine and the Boston Business Journal as one of the fastest-growing companies in Massachusetts.

Why Forward Financing?

Service, Speed, Transparency

These are just some of the reasons why thousands of small businesses trust us to access the capital they need to succeed. Forward Financing's application process is simple and secure, and it won't impact your credit score. Best of all, it's free to apply and you'll know right away if you qualify.

Solutions for a Variety of Situations

The company's proprietary technology enables them to serve businesses in more than 700 industries, regardless of whether you're overcoming an obstacle or seizing an opportunity.

Stellar Customer Service

Experience one of the best customer service teams in the industry. The highly trained Account Executives have a deep understanding of their customers' needs and are available to answer all your questions.

Transparency Every Step of the Way

From the moment their customers start working with Forward Financing, they deliver clear, upfront communication about account details so that their customers never have to worry about encountering surprises or hidden fees.

More than Just Money

The company has invested in its customer's success beyond providing financing. Their Resource Center gives instant access to tips and tricks for growing business, as well as the information you need to navigate the small business financing landscape.

A Streamlined Approach to Small Business Financing: The working procedure

Simple Qualifications

Forward Financing eligibility criteria make it easy for your business to obtain financing. To qualify, you simply need to have been in business for at least three months and have $5,000 or more in monthly sales, regardless of your credit score.

Super-Fast Approvals

With same-day approvals, you can access your financing quickly—often in less than 24 hours—which means you can immediately start putting your funds to work where you need them most.

Dedicated Account Executives

As soon as you are funded, you'll be assigned a dedicated Account Executive who is available to help you manage your funding and notify you when you are eligible for additional financing. You'll also have access to their self-service customer portal where you can track and manage your account at any time.

Safe, Secure, and Seamless

Rest easy knowing you're working with a financing partner that has you and your customers' best interests in mind. Their secure systems and independently audited processes ensure your clients and their data are safe.

The pre-eminent leader behind the success of Forward Financing

Justin Bakes, Co-founder also serves as the Chief Executive Officer of Forward Financing. Before founding Forward Financing in 2012, Justin served as Director of Mergers and Acquisitions for Watsco, Inc. (NYSE: WSO), the largest independent distributor of air conditioning, heating and refrigeration equipment in the US. From 2008 to 2011, Justin led acquisitions that were instrumental in Watsco doubling its revenue. Before Watsco, Justin was an investment banker with UBS Investment Bank where he advised U.S. and European financial institutions, private equity firms, and multinational corporations on mergers, acquisitions and financings in Europe and Latin America.

Originally from South Florida, Justin graduated from Boston College in 2003 with a Bachelor of Science in Finance.  He is an active member of the Young Presidents' Organization (YPO) and currently resides in Boston, Massachusetts.