The Source

This week in The Source

Six Questions to Ask Before Cancelling Your Business Credit Card

3 minute read

July 5, 2023

With interest rates continuing their rise, many business owners may be inclined to ditch their plastic. Are they on to something or jumping the gun? The average APR on a business credit card has climbed...

Thought Leadership

Fora Financial CFO, Andrew Gutman Asks: How Is Your Business Coping With Inflation?

4 minute read

June 20, 2023

Most firms can do more than they realize to curb the effects of rising prices on the bottom line. Price increases in New York City are as common as rush hour traffic and fights between...

Fora Financial News

Celebrating 15 Years of Success and Gratitude

1 minute read

June 16, 2023

We are thrilled to announce that Fora Financial is celebrating its 15th anniversary! It is a remarkable milestone that we couldn't have achieved without the unwavering support and trust of our incredible customers, partners &...

Working Capital

Pros and Cons: Funding from an Angel Investor

3 minute read

June 7, 2023

With private investment playing a large role in American small-business development, should your firm be looking to the heavens for an angel of its own? Do you want one of the mega-entrepreneurs on Shark Tank...

Working Capital

Explore the Many Rewards of Giving Back to the Community

2 minute read

May 31, 2023

What are you waiting for? Get your business behind a local cause and reap the rewards. Why should you engage? You can express your firm’s ethos & its values, traditions, and attitudes & by engaging...

Marketing

5 Simple Tips for Digital Marketing Success

3 minute read

May 23, 2023

Follow these tactics to avoid wasting time and money. An onslaught of digital and online products and services has given small businesses access to highly sophisticated marketing tools. The problem: Who has the time or...

Working Capital

7 Bank Loan Requirements

3 minute read

May 17, 2023

Be ready to answer these before even calling a potential lender. Approval rates for small-business loans are flat or declining. Most-recent government statistics report an 18 percent decline in loan approval rates at midsize bank...

Working Capital

Why Your Business Should Master Working Capital Management

5 minute read

April 26, 2023

Following this essential best practice ensures that you have cash when it’s needed most. Working capital (also known as net working capital) is the bread-and-butter cash with which you fund the costs of doing business...

Working Capital

5 Types of Business Collateral Used to Secure Loans

3 minute read

April 20, 2023

What to consider before signing off real estate or other precious possessions. Putting up collateral for a loan is a practice almost as old as civilization itself, with records of secured loans in ancient Mesopotamia,...