The Source

This week in The Source

The Pros and Cons of Economic Injury Disaster Loans

5 minute read

March 10, 2021

Has your small business been hurt financially due to a natural disaster like a hurricane, earthquake, or the coronavirus pandemic? If so, Economic Injury Disaster Loans (EIDLs) are an option.

Working Capital

American Express Small Business Loan: Should You Apply?

5 minute read

March 8, 2021

You may know that American Express offers business credit cards to help you cover a variety of business expenses. What you may not know, however, is that the credit card issuer also provides small business...

Small Business

Disruptive Business Models: What You Should Know

5 minute read

March 5, 2021

Most likely, you can't Imagine a world without successful companies Uber, Netflix, or Amazon. Yet, there was a time when these companies were selling ideas that no one had ever considered. They may have even...

Working Capital

What Happens When You Default on a Loan?

5 minute read

March 5, 2021

Whether you’re starting a new business or hoping to grow your existing company, having ample financing is key. Since cash flow is often unpredictable in the early stages of any business, outside funding can help...

Industries We Serve

Restaurant Finance Management: Our Top Tips

5 minute read

February 23, 2021

Managing your restaurant's finances probably isn’t why you got into the restaurant industry. Still, savvy financial management is critical if you’re hoping to grow and stabilize your small business.

Small Business

Limited Partnerships: What You Should Know

5 minute read

February 22, 2021

To say that the ownership structure of your business has significant implications would be an understatement. This is because ownership structures influence operations, tax treatment, and your personal liability for debts acquired by the business.

Working Capital

Leasing vs. Buying Equipment: What To Consider

5 minute read

February 17, 2021

Staying competitive often requires using high quality equipment, which can be expensive. Due to this, it can be challenging for small business owners to buy new versions. However, refraining from purchasing the latest equipment could...

Small Business

SBA Loan Applications: The Approval Process Explained

5 minute read

February 16, 2021

Many small business owners know that they’ll require additional working capital at some point. Often, one of the first places they’ll seek this funding is through the federal government.

Working Capital

Shuttered Venue Operators Grant: Should You Apply?

5 minute read

February 15, 2021

The coronavirus has taken a toll on a variety of businesses including Shuttered Venue Operators (SVOs) like movie theaters, performing arts venues, and art museums. That’s where the Small Business Administration (SBA) Shuttered Venue Operator...