Business Development

Nevada Top-Ranked State for Growth of Women-Owned Business in Past Decade

Nevada Business Financing

LAS VEGAS, NV (October 5, 2018) - Nevada has seen the most growth of all states in women-owned businesses in the last ten years, alongside Las Vegas ranked eighth of all American cities, according to a new report by American Express.

“We have a diverse community that means different markets to cater to. Part of the reason why we have a lot of women entrepreneurs here is because they see a blend of necessity and opportunity,” said reporter Nina Porciuncula.


Read more here.

Arkansas Business Owner Empowers Women Entrepreneurs through Instagram

Arkansas Business Loans

LITTLE ROCK, AR (September 10, 2018) - Arkansas business owner Erin Hohnbaum launched an Instagram social movement to highlight the success of entrepreneurs.

“There are so many fascinating women doing really cool things and there needs to be a place where we can showcase that,” Hohnbaum said. “"I feel like a lot of the women we look up to followed a similar path, but there are so many different paths out there for women nowadays.”

Read the article here.

Wisconsin Women Entrepreneurs Celebrate Success, But Note Challenges

Wisconsin Women Entrepreneurs

MADISON, WI (September 5, 2018) - The women-led Doyenne Group hosted the 5x5x5 pitch contest last week as part of the Forward Festival celebrating Wisconsin entrepreneurs.

“While I agree it’s been a banner year for women, in general and in Madison, female entrepreneurs still face steep challenges in the startup space, especially in tech,” said CEO Abigail Barnes, of Allergy Amulet.

Read more here.

Partnership Grant Funds Business Development in New Orleans

Small Business New Orleans

NEW ORLEANS, LA (August 31, 2018) - A $6,000 Partnership Grant to New Orleans nonprofit Urban Conservancy will fund programming to educate business owners in the greater New Orleans area.

“Receiving the grant enabled us to be creative in our programming,” Abigail Sebton of Urban Conservancy said. “It is incredibly important to both create programs and to strengthen relationships between local organizations and their banking partners in the Greater New Orleans area.”

Read the article here.

South Dakota, Tennessee, Alaska, Michigan and Utah Rank Highest for Supporting Small Businesses

Business Financing

SIOUX FALLS, SD (August 14, 2018) - The states of South Dakota, Tennessee, Alaska, Michigan and Utah rank highest for being friendly and supportive to small business owners, according to a new national survey of 7,500 business owners.

Read more here.

Urban Synergy in Action supports new businesses in Connecticut

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BRIDGEPORT, CT (August 13, 2018) - The new initiative Urban Synergy in Action (USA) is building an incubator to provide office space and business development support to the growing tide of urban entrepreneurs.

“It’s important to see people who live in your neighborhood or reflect the demographic of the neighborhood, opening up businesses and having a slice of that American dream… of being able to contribute, create jobs and be a fabric of the community,” said the director of Bridgeport’s Small and Minority Business Enterprise, Fred Gee.

Read the entire article here.

Black Women-Owned Businesses Thriving in Oklahoma

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TULSA, OK (August 9, 2018) - Black women-owned businesses in Oklahoma grew 160 percent from 2002-2012, a new report by the Federal Reserve Bank of Kansas City found.

The Kansas City Federal Reserve hosted an event for regional business owners to share their experiences and concerns. Chief among their concerns were challenges with credit, as well as lack of access to mentorships and business development information.

"You could see the palpable energy in that room when they talked about their experience as owners and what they had to go through to do what they needed to do,” said Dell Gines of the Kansas City Federal Reserve.

Read more here.

Montana #1 in US for Entrepreneurship

Source: Montana Public Radio

Source: Montana Public Radio

HELENA, MT (August 7, 2018) - Montana leads the United States in entrepreneurship, according to a new study by the Bureau of Business and Economic Research at the University of Montana.

More than ten percent of Montanans own a business as their primary job, compared to the national average of six percent. Approximately 3,400 Montanans launch a new business every month, and more than half of all businesses opened in 2011 were still open five years later.


"Industries wax and wane. The entrepreneur's job is to kind of say, ‘Oh hey, that industry over there is on a downturn. That means there's some capacity that’s going un-utilized here. Let me see if I can figure out how use that to do something else,” said researcher Bruce Ward. "We create a lot of seeds, those seeds germinate and tend to survive."

Read the article here.

Rhode Island Coalition of Entrepreneurs Launches to Boost Startups

Rhode Island startup funding

PROVIDENCE, RI (September 4, 2018) - The Rhode Island Coalition of Entrepreneurs formed to offer events, community-building and business development training for founders and CEOs of new startups throughout Rhode Island.

“One of the things that has always struck me as odd is most entrepreneurs here in town don’t know each other,” founder Pat Sabatino said. “I’ve had instances of talking to people who had adjacent products and offices less than a mile apart, and they didn’t know each other.”

Read the article here.

Growth is #1 Challenge for Business Owners

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NEW YORK, NY (March 26, 2018) - Sales and revenue growth is the top challenge for small and mid-size business owners, according to the JP Morgan Chase 2018 Business Leaders Outlook survey.

“Just half of small business executives—those who lead businesses with revenues of $100,000 to $20 million—say growth is a challenge, a significant jump from last year. While 63 percent of leaders at midsize companies (with revenues of $20 million to $500 million) say the same, that portion has been trending downward for two years in a row,” the survey reports.

Read the entire survey results here.



SourceFunding.org is leveling the playing field for all entrepreneurs and small businesses in the US so they can easily find and secure the quality, low-cost and transparent financing they need to grow their business quickly and effectively.

Our mission: Financial inclusion. Create a Funding Navigator profile now. 

Integrating Blockchain Technology into Small Businesses

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NEW YORK, NY (March 21, 2018) - Blockchain technology could prove to be a game-changer for small business owners in their everyday activities.

With blocks of tamper-proof data, blockchain can validate identity, products, and the entire supply chain for a business, as well as storing digital assets and protecting intellectual property. Business owners can streamline operations with sending money, tracking shipments, and utilizing self-executing smart contracts.

Read the entire article here.


SourceFunding.org streamlines access to America’s largest network of 14,000 trustworthy community banks, credit unions and financial institutions.

Our universal application and cutting-edge matchmaking software make it simple to find and secure quality, low-cost financing.

Create your free funding profile here.

 

Elon Musk’s Business Growth Hack

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NEW YORK, NY (March 20, 2018) - USA Today reveals the key factor behind Elon Musk’s successful approach to marketing: find something unique that people will want to talk about.

Standing out from the crowd is a challenge in today’s market, but successful businesses thrive from highlighting features or events that people will remember.

Musk’s company SpaceX recently launched a rocket with a Tesla onboard into space and successfully landed it back on earth, achieving the ultimate publicity stunt.

Other companies have employed similar awe-inspiring tactics.

“What about the Amazon drone delivery system?” author Steve Strauss writes. “You remember that, don’t you? Of course you do. A few years ago, right before the holidays, Amazon cleverly released videos of a drone delivering packages to customers’ doorsteps. That it hasn’t happened yet has not hurt Amazon’s image as an innovator and go-to shopping hub.”

Read the entire article here with tips on how to utilize these strategies on the scale of a small business.



SourceFunding.org makes it easy for entrepreneurs to match with and apply to the best financing for their unique business from our national network of 14,000 community banks, so that you can skyrocket your business to greater success and growth.

Our mission: Financial inclusion. Create a Funding Navigator profile now and start matching in minutes.

NYC Program Provides Free Legal Services to Small Business Owners

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NEW YORK, NY (February 16, 2018) - NYC’s Department of Small Business Services launched a free service providing legal advice regarding leases and real estate issues for small business owners.

“Small businesses are the economic heart and soul of this city and they deserve every opportunity to succeed. The Commercial Lease Assistance Program will give small business owners the help they need to resolve legal issues without driving them out of business,” Mayor Bill de Blasio said.

Read the entire article here.


SourceFunding.org works to support the best interest of small business owners and provide a transparent alternative to predatory online lenders. We offer business owners a nationwide Responsible Finance Network™ of 14,000 trusted community lenders, connect them with the best match for their business, and streamline the process with our Universal Application and support from Funding Advocates. Our mission: Financial inclusion. Create a Funding Navigator profile now. 

Business Tips for Student Entrepreneurs

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BROOKLYN, NY (February 12, 2018) - Starting a business as a student is an exhilarating challenge that requires a strategic approach. Entrepreneur offers a guide to smart financial tips for students starting out in the business world.

Read the entire article here.

SourceFunding.org connected Medgar Evers College student Ashley Warmington with a 0% interest loan for her AirBnB management company CozyOasis.

“Searching for financing to grow my company took a lot of time away from running my business and each lender handed me a big stack of application forms,” explained Ms. Warmington. “SourceFunding.org on the other hand was able to match me with the right funding from the most trusted source and on the first attempt — saving significant time and money — all with the assistance of a personal Funding Advocate looking out for my best interests and assisting throughout the process and when I ran into issues with the lender.”

Ashley is an incredible example of what’s possible for students with an entrepreneurial spirit and a brilliant mind for business - read her story here.

Our mission: Financial inclusion. Create a Funding Navigator profile now. 

Savvy Advertising Strategy for Small Businesses

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NEW YORK, NY (February 6, 2018) - Advertising is essential for any company to spread brand awareness, and yet most small businesses don’t have an advertising professional on staff or understand how to maximize its use.

Forbes presents a guide to advertising for small business owners with a focus on doing a lot with a little - using resources and time intelligently and effectively.

“Creativity has nothing to do with size of your budget or team. As Vahbiz has seen with many of her nonprofit clients, being creative with where you spend what few resources you have is the key to success. Take the time to think about what you have and how to use it best to grab headlines,” Anuja Khemka writes.

Read the entire article here.

SourceFunding.org saves you valuable time and money by streamlining access to high-quality, low-cost financing. Our universal application matches you with the best financing from our network of 14,000 community lenders - because nobody has time for predatory online lenders, high interest rates and hidden fees. We help business owners connect with financing so that they can get back to work and focus on what they do best. Our mission: Financial inclusion. Create a Funding Navigator profile now. 

Achieving Success in the Online Business World

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NEW YORK, NY (January 26, 2018) - Building an online business is an incredible challenge that requires a unique mindset and approach. 

Suhaib Mohammad at Entrepreneur offers seven ingredients that business owners need to thrive and grow a business in the online business world. “The arrogance of success," he quotes William Pollard, "is to think that what you did yesterday will be sufficient for tomorrow." 

Read the article here.


SourceFunding.org accelerates your path to success: our universal application, state-of-the-art matchmaking system and unprecedented network of 14,000 community lenders ensure that you match with the funding that’s right for your business. Why spend hours applying to one lender when you can find the best match from with the world’s largest network? Our mission: Financial inclusion. Create a Funding Navigator profile now. 

 

Smart Marketing Hacks for Small Business Owners

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NEW YORK, NY (January 24, 2018) - With so many responsibilities, small business owners often make marketing a lower priority. However, marketing plays a crucial role in every business - if people don’t know your product exists, they’re not going to buy it. TGDaily provides some excellent advice on how to streamline and maximize your marketing efforts.

Read the entire article here.


SourceFunding.org helps entrepreneurs save time and secure quality, low-cost financing quickly and easily. Every day in the United States, 8,000 small business owners are declined funding, who would have been approved if they had applied to a lender who was the right match for them. Introducing a better way to fund your business: SourceFunding.org’s state-of-the-art matching system and national network of 14,000 community lenders make it simple to get the right funding from the right source. Our mission: Financial inclusion. Create a Funding Navigator profile now. 

How the Tech World Can Help Small Businesses

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SAN JOSE, CA (January 23, 2018) - Devin Wenig, CEO of eBay shares a compelling Op-Ed in USA Today highlighting the importance of connection and collaboration between the tech industry and the small business world.

“Creating pathways between remote areas and urban centers is beneficial in recirculating economic prosperity. Instead of painting the tech sector and innovation as job destroyers, we need a new model of public-private tech partnership where technology companies and public officials come together to rev the small business engine,” Wenig writes.  

Read the entire article here.


SourceFunding.org bridges the traditional and tech worlds, offering a common application and matchmaking system that provide unprecedented access to a national network of 14,000 community lenders.Our mission: Financial inclusion. Create a Funding Navigator profile now. 

Big Data for Small Businesses

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NEW YORK, NY (January 19, 2018) - Big Data and artificial intelligence have been hot topics in the media lately - and yet most entrepreneurs don’t realize that they can use these tools in their own business.

“The majority of techniques used in Big Data and the Internet of Things (even some artificial intelligence) don’t require a large budget or a huge staff. They only require a willingness to learn and experiment,” the business blog SmallBizTrends reports.

The blog presents a fascinating list of books on Big Data, introducing the opportunities that it offers for business and offering ways to utilize these resources.  

Read the entire list here.


SourceFunding.org’s revolutionary matchmaking platform uses machine learning to improve outcomes as each business applies for financing. Every lender uses a unique loan application that takes 30+ hours to complete. Our universal app will do the paperwork and submit for you. Our mission: Financial inclusion. Create a Funding Navigator profile now. 

A Guide to Navigating the New Tax Law

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WASHINGTON DC (January 17, 2018) - The Tax Cuts and Jobs Act offers a 20 percent deduction for business income from limited liability companies and S corporations, causing many entrepreneurs to contemplate whether they should incorporate their business. However, the new law provides numerous stipulations that are important for business owners to understand.

CNBC offers a straightforward guide to evaluating and maximizing the tax law for your business. Read the entire article here.


Transparency, quality and efficiency are our top priorities in matching businesses with financing. Most lenders use unique loan applications that take 30+ hours to complete. Our universal app will do the paperwork and submit for you. Our mission: Financial inclusion. Create a Funding Navigator profile now.