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The phrase "an important source of finance" is correct and usable in written English.
You can use it when discussing financial resources or funding options in various contexts, such as business, economics, or personal finance.
Example: "For many startups, venture capital is an important source of finance that can help them grow and scale their operations."
Alternatives: "a crucial funding source" or "a significant financial resource."
Exact(3)
With bank lending running dry, they provide an important source of finance to growth companies, channelling £350m to small and medium-sized enterprises in the 2010-11 tax year.
And the slowdown in the United States' economy has staunched the flow of direct investment by its firms in Latin America recently an important source of finance and growth in the region.
The research concludes that although CDFIs do provide an important source of finance to excluded enterprises, policy initiatives have created uneven geographical coverage and market gaps leaving marked spaces of financial exclusion.
Similar(57)
The bank is an important source of financing for Volkswagen.
Gaming may become an important source of financing for Indian media.
Its dividends have been an important source of financing for Unite Here.
The widely expected developments will help shore up GMAC, an important source of financing for G.M. car dealers.
First, phasing out public pension funds could cut off an important source of financing for venture capital and private equity.
The market is only around three years old but is now an important source of financing for banks, and is estimated to be worth around €95bn (£73bn) globally.
New York City edged closer yesterday to prohibiting candidates in city elections from accepting corporate donations, which were an important source of financing during last year's mayoral campaign.
Such so-called shadow banking has been growing rapidly in the last few years and has become an important source of financing for companies and local governments.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com