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This week in The Source

How to Get a Small Business Loan in North Dakota

5 minute read

April 15, 2022

North Dakota had 75,427 small businesses in 2021, according to figures from the Small Business Administration (SBA). These businesses employed 196,368 workers and accounted for 56.7% of the total workforce in the state.

Industries We Serve

Law Firm Business Loans: How To Qualify and Use Funding

5 minute read

April 13, 2022

Maintaining healthy cash flow is a universal challenge for small business owners. Yet it’s arguably even tougher for law firms, given the nature of the business.

Working Capital

Revolving vs. Non-Revolving Lines of Credit: How to Decide

5 minute read

April 11, 2022

Lines of credit allow business owners to borrow money for expansion projects, pay for consistent expenses like bills, and fill inventory orders, to name a few examples. Like a personal line of credit, business credit...

Industries We Serve

6 Tips for Starting a Successful Vending Machine Business

6 minute read

April 11, 2022

Are you interested in starting a successful business? Vending machines aren't new or revolutionary, but opening a vending machine company can be a lucrative business opportunity. Many business owners start a vending machine business as...

Working Capital

How to Get a Business Line of Credit with Bad Credit

5 minute read

April 6, 2022

A business line of credit is a flexible funding option beneficial for smoothing out cash flow. However, it’s often difficult to get approved for a line of credit, especially if your credit score is low....

Working Capital

SBA Express Loans: What Are The Most Notable Pros and Cons?

5 minute read

March 28, 2022

Small Business Administration (SBA) Loans are a popular option for businesses that require access to quick financing.

Working Capital

What is SBA Form 912, and Do You Need to Complete It?

5 minute read

March 28, 2022

SBA Form 912 – Statement of Personal History is a document that the Small Business Administration (SBA) uses to evaluate individuals’ character and credit eligibility when applying for an SBA loan.

Small Business

Business Entity Types: How to Select Your Entity Type

5 minute read

March 28, 2022

Congratulations, you've decided to take the plunge and start your own business. However, what comes next will significantly affect your chances of future success.

Industries We Serve

How to Create a Successful Wholesale Marketing Strategy

5 minute read

March 28, 2022

As a wholesale distributor, you need consistent customers to buy your products. Having these return customers allows you to keep your operations afloat. Still, it’s crucial that you acquire new wholesale customers along the way so...