The Source

Working Capital

What is SBA Form 912, and Do You Need to Complete It?

5 minute read

March 28, 2022

SBA Form 912 – Statement of Personal History is a document that the Small Business Administration (SBA) uses to evaluate individuals’ character and credit eligibility when applying for an SBA loan.

4 Steps to Take If You Aren’t Approved for an SBA Loan

5 minute read

March 23, 2022

Whether you’re a new business owner or a veteran in your industry, accessing additional working capital can be challenging.

SBA CAPLines: How to Apply and Select a CAPLine Option

5 minute read

March 23, 2022

The Small Business Administration, (SBA), offers several loan programs to small business owners. One of their most popular financing options are CAPLines.

How to Get a Small Business Loan in Delaware

5 minute read

March 21, 2022

As of 2021, Delaware was home to 88,051 small businesses, which accounted for 190,042 workers or 46.8% of the state’s total workforce. The top industries in Delaware include professional, scientific, and technical services, real estate,...

How to Get a Small Business Loan in California

5 minute read

March 17, 2022

There are more than 32 million small businesses in California. The latest figures from the U.S. Small Business Administration (SBA) reveal that these businesses employ 61.2 million workers and account for 46.8% of the workforce...

Owner Financing: What Is It and Should You Apply?

5 minute read

March 16, 2022

In real estate, traditional financing typically comes from banks, credit unions, and other mortgage lenders. However, these traditional lenders tend to have strict terms and qualification criteria, making it challenging to get approved for financing....

The Top Pros and Cons of Startup Business Loans

5 minute read

March 16, 2022

There are numerous ways that entrepreneurs can acquire funds to jump start their new business ventures. Many turn to their personal savings, family and friends, crowdfunding, Small Business Administration (SBA) loans, or business credit cards....

The 6 Business Loan Documents You’ll Need to Apply

6 minute read

March 16, 2022

Applying for a business loan is one of the best ways you can invest in your business’s financial future. However, the loan application process can be confusing, especially if you’ve never pursued outside funding options....

How to Easily Qualify for a Startup Business Line of Credit

5 minute read

March 16, 2022

As an aspiring small business owner, you may have heard that a new business line of credit is useful for affording expenses such as equipment, payroll, and marketing costs. Because running a business comes with many expenses,...