The Source

This week in The Source

The Advantages and Disadvantages of Short-Term Financing

7 minute read

April 11, 2024

Due to bad credit, a poor debt-to-income ratio, or strict lender credit score requirements, you may not qualify for traditional financing options like long-term business loans or may be looking at a small business loan...

Small Business

Three Simple Questions about Expanding Your Business

4 minute read

April 9, 2024

It's a high-quality problem: Your customers love you and clamor for more. But whether that means more pizzas, more spa services, or more dental visits, is it the right time to oblige them? According to...

Working Capital

Facing a Huge Tax Bill? 3 Reasons to Pay Your Taxes with a Small Business Loan

4 minute read

April 4, 2024

If your business is faced with a tax bill it can't afford, you may benefit from paying it off with a business loan. By doing this, you won't have to pull money that's allocated to...

Working Capital

Six Questions to Ask About Commercial Bridge Financing

4 minute read

March 19, 2024

When a homeowner wants to buy another home before they sell their existing one, they might use their current house as collateral for a short-term loan. Likewise, business owners can use commercial bridge financing to...

Small Business

Is the Employee Retention Credit Taxable Income?

8 minute read

February 27, 2024

In an effort to prevent widespread unemployment, the U.S. government created the Employee Retention Credit program as a refundable payroll tax credit. While millions of employers qualify for the ERC, some have not yet claimed...

Working Capital

How to Apply for the Minority-Owned Business Certification

4 minute read

February 20, 2024

Getting certified as a Minority Business Enterprise (MBE) can open the doors to corporate and federal business contract opportunities. It may also help you qualify for grants and business development training. However accessing these benefits...

Fora Financial News

Fora Financial Surpasses $4 Billion+ in Capital Provided to America's Small Businesses

1 minute read

February 13, 2024

Fora Financial, a leading provider of short-term financing to the SMB community, announces that it has surpassed $4 billion in capital provided to more than 55,000 small businesses since its inception in 2008. The company...

Fora Financial News

Fora Financial Announces Streamlined Funding Process with No Hard Credit Pulls

2 minute read

January 30, 2024

Fora Financial, a leading name in the small business financing industry, is excited to announce a significant enhancement to its funding process. In a move aimed at providing greater flexibility and ease to business owners,...

Small Business

Navigating Credit Inquiries: Hard and Soft Pulls Unveiled

4 minute read

January 16, 2024

For small business owners, managing credit is a critical aspect of financial success. Understanding the nuances of credit inquiries, both hard and soft pulls, is key to making informed decisions that impact your business's financial...