The Source

This week in The Source

Are SBA Loans Secured or Unsecured?

5 minute read

January 15, 2021

Most likely, you understand the difference between secured and unsecured small business loans. However, you might not be sure if you'll qualify for an unsecured loan, especially if you're pursuing SBA financing.

Small Business

How To Utilize Virtual Office Space For Your Business

5 minute read

January 13, 2021

Working from home provides many benefits to business owners, such as added convenience and affordability. However, it has one distinct disadvantage; working from home can de-legitimize your business in the eyes of certain clients.

Working Capital

SBA Loan Processing Time: How Long Does the Process Take?

5 minute read

January 10, 2021

The Small Business Administration (SBA) helps business owners obtain additional working capital. If you’re in need of a loan to start or expand your business, you may find that SBA loan options fit your funding...

Small Business

Gross Profit Formula: How to Calculate Your Gross Profit

3 minute read

January 10, 2021

Depending on your business’s industry, gross profit may be more relevant than net income or other performance measures. Although these figures are all obviously highly related, understanding the differences between them is still very important...

Industries We Serve

5 Ways to Use a Daycare Business Loan for Growth

5 minute read

January 10, 2021

As a daycare center owner, your main goal is to care for children and provide them with the best experience possible. To achieve this, you should be generating new ideas that will keep your students...

Industries We Serve

Starting An Etsy Business? The Top Pros and Cons

8 minute read

January 10, 2021

Etsy is an online buying and selling platform that started in 2005 and became a publicly traded company in 2015. It’s similar to eBay or Amazon Marketplace, but you can only sell handmade items and...

Working Capital

Delinquent Loans: Everything You Should Know

5 minute read

January 6, 2021

Hopefully, you’ll never have to deal with a delinquent loan as a small business owner. That said, delinquency is an important concept to understand if you’re borrowing money, or plan to borrow money to finance...

Small Business

How to Break Into New Markets with Your Existing Business

5 minute read

December 16, 2020

For any business, there are many important balances to strike. You must provide great service, but at a reasonable cost. You want to allow employees their freedom and creativity, without creating chaos.

Working Capital

SBA Loan Reviews: What to Look For

5 minute read

December 15, 2020

If you’d like to start, buy, or grow your small business, pursuing SBA loans may be a good choice. They're guaranteed by the U.S. Small Business Administration and issued by lenders like banks and credit...