CLOs on the Move

Signal Financial Federal Credit Union

www.sfonline.org

 
Signal Financial Federal Credit Union is a full-service financial institution headquartered in Kensington, Maryland. It operates eight full-service branch offices in the District of Columbia, Maryland and Virginia. Membership is open to select employer groups in the area, as well as individuals who live, work, worship or attend school in Washington, DC and certain areas of Prince Georges County, Maryland (inside the beltway). Individuals may also join the credit union through our affiliation with several associations. Credit unions are non-profit cooperatives that are backed by the full faith and credit of the U.S. Government and solidly-funded by the NCUSIF (National ...
  • Number of Employees: 5K-10K
  • Annual Revenue: $50-100 Million
  • www.sfonline.org
  • 3015 University Blvd. W
    Kensington, MD USA 20895
  • Phone: 301.933.9100

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One of the first businesses to grow and emerge within the working capital market during the recession, Fora Financial has established a competitive position in the marketplace, as well as a storied legacy. It all started with two college roommates who had an innate passion for small business. After graduating from Indiana University, both Jared Feldman and Dan Smith went their separate ways – Jared as an underwriter and Dan as a sales consultant. Then, the economic recession hit. Dan knew that the small businesses of America drove the U.S. economy and would need assistance to survive the default times ahead. And with both Dan and Jared coming from a long line of successful entrepreneurs and growing up immersed in the small business culture, they felt compelled to help. Prompted by Dan’s vision, they combined their financial savvy and small business knowledge to start Fora Financial in June of 2008, when the economic world felt like it was coming to an end. Over the next five years, Dan and Jared worked tirelessly to build their staff and client base from the ground up. Continually doubling their staff and revenue almost every year since its inception, Fora Financial has continued to develop transparent relationships with our clients and partners and provide them with custom, innovative funding solutions. As of our five-year anniversary in June 2013, Fora Financial has funded over 8,000 individual transactions with over 4,500 unique customers. The company has also funded more than $199 million in working capital for small businesses since its inception. Fora, meaning “marketplace” and “forum” in Latin, aligns with our mission to foster and support the small business industry. The rebrand also created efficiencies and consistencies to better serve our customers and partners. Today, Fora Financial continues to remain a competitive leader with one of the most extensive offerings and services in the small business industry. We remain dedicated to developing new, innovative ways to serve companies in an ever-changing financial market.