# Forward Financing

> Forward Financing is a Boston fintech providing $5,000 to $500,000 in revenue-based financing and business loans to US small businesses. It combines proprietary underwriting, digital applications, and account servicing; in September 2026 it reported $5.4 billion delivered to more than 100,000 businesses.

- **Founded:** 2012
- **Headquarters:** Boston, United States
- **Founders:** Justin Bakes (Co-founder and Executive Chairman; former CEO), John Cain (Co-founder; former Chief Operating Officer)
- **Products:** Revenue-based financing, Business loans, ISO funding platform
- **Notable:** Reported $5.4 billion funded and more than 100,000 small businesses served in September 2026., Completed its first $170 million asset-backed securitization in December 2025., Won a Gold Stevie Award for Management Team of the Year in the 2026 Financial Technology awards.

## Products & services

- **Revenue-based financing** — Upfront working capital exchanged for a contracted amount of future revenue. Daily or weekly remittances can be adjusted when revenue falls, subject to the agreement. Current advertised funding range: $5,000-$500,000.
- **Business loans** — Installment loans with pre-computed interest, fixed daily or weekly payments, and a fixed maturity date; offered only in selected states.
- **ISO funding platform** — Broker submission tools include CRM integration via API, pipeline tracking, electronic documents, and renewal alerts.

## Achievements

- Reported $5.4 billion funded and more than 100,000 small businesses served in September 2026.
- Completed its first $170 million asset-backed securitization in December 2025.
- Won a Gold Stevie Award for Management Team of the Year in the 2026 Financial Technology awards.
- Reported helping more than 5,100 customers pause or reduce payments from March through December 2020.
- Named number 15 on the 2017 Inc. fastest-growing US companies list, according to its company history.

## Latest updates

- **2026-09** — Announced more than 100,000 businesses served, $5.4 billion funded, and a three-year forward-flow agreement for up to $1.8 billion of advances.
- **2026-08** — Technology leadership team won a Gold Stevie in the Financial Technology awards.
- **2026-07** — Closed $525 million across a VFN facility and ABS issuance, bringing committed funding capacity to nearly $700 million.

## Links

- Website: https://www.forwardfinancing.com/
- LinkedIn: https://www.linkedin.com/company/forward-financing/
- Twitter/X: https://twitter.com/fwd_financing
- Instagram: https://www.instagram.com/forward_financing/
- Facebook: https://www.facebook.com/forwardfinancing/

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Profile page: https://yespress.io/forward-financing
Published by YesPress — https://yespress.io
Last updated: 2026-10-16