The Source

This week in The Source

The Industries Most Likely to Ask for a Business Loan and Why

February 13, 2019

It doesn’t matter what your business’s industry is, there’s one thing that all companies have in common – the need for funding.

Working Capital

How to Choose the Right Business Line of Credit

February 5, 2019

A business line of credit can be an excellent resource for entrepreneurs who find themselves needing cash in a pinch. That may be to cover emergency expenses, have additional working capital on-hand, or take advantage...

Industries We Serve

6 Tips for Running a Pet Store

January 29, 2019

Did you know that tomorrow is National Dog Day? Celebrate these furry friends by making some updates to your pet-retail store. Selling items that customers need for their pets can be a fun and rewarding...

Working Capital

Pros and Cons of SBA 7(a) Loans

January 28, 2019

The Small Business Administration (SBA) provides loans to small business owners struggling to secure traditional financing. SBA loans have emerged as one of the most popular funding sources for small businesses and can enable entrepreneurs to receive up...

Working Capital

SBA Loans: 504 vs. 7(a)

January 11, 2019

SBA financing is a government loan program that offers great loan terms for small business owners. Although the SBA doesn't directly loan money to businesses, they work with banks and CDCS (Certified Development Companies) to...

Small Business

8 Mistakes to Avoid When Applying for a Business Credit Card

January 8, 2019

When you own a small business, how you afford your expenses can make a bigger difference than you may think. Not only does a business credit card allow you to readily track and evaluate your...

Small Business

The Best Prepaid Debit Cards for Business Owners

December 26, 2018

The popularity of prepaid debit cards is widespread and growing in the United States – and for good reason. Prepaid debit cards provide the same convenience you get with a credit card, while also helping...

Small Business

Four Winter Challenges Your Business Should Prepare For

December 12, 2018

If you run a business in a geographic area that experiences harsh winters, preparation is crucial.

Small Business

The Pros and Cons of Running a Sole Proprietorship

December 3, 2018

For many people, running their own business is a dream come true. Due to this, many entrepreneurs ultimately set up a sole proprietorship, which is an unincorporated company owned and operated by one person. ...