The Source

This week in The Source

7 Steps to Building a Solid Seasonal Business Budget

4 minute read

May 28, 2024

Seasonal businesses, like ice cream stands, ski resorts, and swim clubs, hold a smart lesson for all businesses: To keep afloat, they need to keep micro-focused on their revenue highs and lows. By anticipating when...

Working Capital

10 Bank Loan Requirements You Must Be Prepared For (And Why)

10 minute read

May 23, 2024

There are times when every small business could use additional funding, whether it’s for inventory purchasing, equipment financing, or just extra cash flow to cover operating costs. Without a little extra help in the form...

Small Business

What to Consider When Changing the Name of Your Business

3 minute read

May 21, 2024

A lot has happened since you started Elm Street Hardware in 1999. Your post office is constantly sending important mail to Elm Street Pizza and Elm Street Yoga. Even more important for your brand, you're...

Working Capital

10 Small Business Loan Benefits You Might Not Know About

8 minute read

May 14, 2024

There are an increasing number of competitive loan options on the market offered by various business financing lenders, making it a good time to find small business financing options that best fit your needs. Whether...

Fora Financial News

Fora Financial Achieves Originations Milestone

1 minute read

May 8, 2024

Fora Financial, a leading provider of flexible financing to small- and medium-sized businesses nationwide, announced a new record for single-quarter funding originations. The company reports a 30 percent increase in Q1 2024 over Q1 2023...

Working Capital

Getting a Business Loan With Low Revenue

4 minute read

May 7, 2024

Business is doing well for you but maybe you'd like to invest in some new equipment or open up a second location. With a great business plan, and your consistently high credit score, you shouldn't...

Marketing

4 Steps to Create and Implement an Effective Marketing Strategy

9 minute read

May 2, 2024

Marketing impacts several areas that determine business success. These include lead generation, the customer journey, brand image, public relations, among others. That's why you must know how to create a strong marketing strategy to grow...

Thought Leadership

VP of Underwriting Brian Seaman on The Mysteries of Underwriting

6 minute read

April 23, 2024

Did you ever get the impression, while applying for a loan, that your loan rep plays "good cop," while casting "the underwriters" as the bad guys who might stand in the way between you and...

Small Business

Know the 5 Most and Least Profitable Industries

6 minute read

April 16, 2024

Knowing how to identify a business's profit margin is key to spotting good opportunity. But it's not always easy to spot a winner or loser. Well at least in most cases. When your Cousin Ernie...