The Work Index by Flexa

Forward Financing

Forward Financing is a Boston-based financial technology company providing fast, flexible working capital to underserved small businesses nationwide.

https://www.forwardfinancing.com/
6.0

/10

Transparency ranking

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Description

Forward Financing is a Boston-based financial technology company that specializes in providing fast, flexible funding to small businesses that have been underserved by traditional financial institutions. They offer revenue-based financing, which means they provide upfront capital in exchange for a percentage of the business's future revenue. This approach eliminates the need for a credit score and allows businesses to access funding quickly and easily. Forward Financing is committed to helping small businesses thrive, providing access to capital and supporting them throughout the financing process with their dedicated Account Executives.

The company emphasizes a strong commitment to its employees, fostering a collaborative and inclusive work environment. Forward Financing prioritizes employee choice, offering a flexible work model that allows team members to work remotely or from their beautiful office in the heart of Boston's Financial District. They've received numerous awards for their workplace culture, diversity and inclusion efforts, and their commitment to supporting both small businesses and the communities they serve.

Flexibility

Forward Financing offers a flexible work environment where employees can choose to work remotely, from the company headquarters in Boston, or from the office in the Dominican Republic. This flexibility extends to the recruiting process, which is fully virtual, ensuring a convenient and equitable experience for all candidates. The company values its employees' contributions regardless of their location, prioritizing impact and individual choice.

Hybrid
Remote
Fully flexible hours

Benefits

Forward Financing offers a comprehensive benefits package designed to support both employees and their families. Benefits include comprehensive medical, dental, and vision plans, a monthly stipend for gym memberships or an ergonomic home workspace, paid volunteer days and company-sponsored volunteer events, charitable donation matching, flexible work schedules, open paid time off, paid parental leave, a "family comes first" culture, regular market assessments for competitive compensation packages, and 401(k) matching for US employees. The company also invests in learning and development with individual coaching, team training workshops, and meaningful feedback.

Enhanced parental leave
WFA scheme

Mission

Forward Financing is a Boston-based fintech company dedicated to empowering small businesses by expanding their access to essential working capital. Their mission is to build a world-class fintech company, providing fast and flexible funding solutions to underserved small businesses that traditional lenders often overlook, enabling them to reach their full potential.

Data-driven
Disruptor
Social impact led
Tech for good

Culture

Forward Financing cultivates a fun, collaborative, and fast-paced work environment that values direct communication, kindness, and a dedication to empowering small businesses. They emphasize a culture of transparency, innovation, and growth, with a focus on supporting employees' well-being and professional development. Their commitment to diversity and inclusion is evident in their initiatives and employee-owned structure, creating a welcoming and inclusive atmosphere for a diverse team.

Agile and dynamic
Autonomous
Collaborative
Engaging
Entrepreneurial
Fast-paced
Fun
People-first
Progressive
Supportive
Transparent

DE&I

Forward Financing is committed to fostering a diverse, equitable, and inclusive workplace where all employees feel valued, heard, and accepted. They actively promote DEI through various initiatives like DEI Engagement Workshops, Employee Resource Group meetings, and collecting anonymous feedback. They also encourage participation in charitable giving and offer two paid volunteer days per year to each employee.

Ethnically diverse
Gender diverse

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