The Source

Working Capital

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

5 minute read

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.

How to Choose the Right Business Line of Credit

5 minute read

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...

Pros and Cons of SBA 7(a) Loans

5 minute read

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...

SBA Loans: 504 vs. 7(a)

5 minute read

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...

SBA 504 Loans vs. SBA Microloans

5 minute read

September 27, 2018

As a business owner, you know capital is necessary when starting a new business or expanding an existing one. That’s why the Small Business Administration (SBA) offers several types of loans to small firms.

SBA 7(a) Loan vs. SBA Express Loan

5 minute read

September 11, 2018

The Small Business Administration (SBA) has helped countless small businesses reach their goals through their financing options and other resources. The SBA provides several types of loans, based on the how much money a business...

5 Questions to Ask Before Getting A Business Credit Card

5 minute read

August 21, 2018

Getting a business credit card might seem like a logical step for a new company, but there’s numerous components to consider first. Business credit cards operate differently than personal cards, especially when it comes to...

5 Reasons Your Line of Credit Application Was Rejected

3 minute read

June 27, 2018

Whether you’re applying for a line of credit for personal or business reasons, having your application get rejected can be very frustrating. Not only can rejections have a negative impact on your credit score, but...

The Pros and Cons of SBA Microloans

5 minute read

May 31, 2018

Small Business Administration (SBA) microloans are a popular form of business financing. The SBA’s mission is to spur the growth of small businesses. As such, the SBA provides a variety of loan programs for businesses...