A Line of Credit... Just in Case
Every business owner wants new customers so how can your company get free leads from Google Search? Joe Giovannoli is the founder and CEO of 9Sail, a search marketing firm that helps businesses get found through online search engines like Google. Joe talks with Financing Solutions host Stephen Halasnik about how to get started with […]
The Small Business Administration (SBA) is an agency of the United States federal government. Its mandate is to assist small American businesses with launch, survival, expansion, growth, and recovery. It does this by providing eligible American small businesses with access to resources and funds. These resources include things like online courses and access to skilled […]
So, you’re part of a non-profit in need of a capital infusion. You’re in the market for a loan but you don’t know where to begin. Can a non-profit get a small business loan? What are the terms likely to be? Is it a responsible course of action? Read on for some quick tips on […]
It used to be that only for-profit enterprises could access the mortgage loans necessary to buy their space outright. Today, new lending solutions and arrangements have made it possible for nonprofits to access nonprofit mortgage loans and other creative solutions that give them flexibility and power over their future.
The tools now available to nonprofits range from crowdfunded loans to lines of credit and cover a variety of situations that apply to many nonprofits. It’s in the best interest of the leaders of any nonprofit organization to investigate the options available to them and determine which, if any, work best with their organizations’ capital and operational needs.
There are two overarching categories of nonprofit lending, one of which isn’t really a loan at all. They are standard loans and revolving lines of credit. Each has its benefits and drawbacks which we’ll discuss below.
David Mammano is an entrepreneur, speaker, and coach from the Avanti Entrepreneur Network. He is the host of the Avanti Entrepreneur Podcast. David has years of experience and close to 200 podcasts on the entrepreneur journey. He is a great business coach and business owner. David talks on the Entrepreneur MBA Podcast with host and […]
In this article, we are going to talk about one of the most important foundational pieces of business strategy – and that is business execution. Business execution is an understandably broad term, so we are going to focus in on the many ways a new business can execute its goals to achieve its growth strategy. […]
In this article, we are going to focus on a topic that might surprise some people; why the board of directors of a non-profit organization can actually be the executive director’s best friend! If you are in the nonprofit industry, you have likely heard instances of tension between an executive director and the board. In […]
In this article, we are going to talk about succession planning. Although it may not seem like it right now, this is a relevant consideration for any nonprofit. So, what is the right strategy for succession planning as a nonprofit? In this article, we’re going to give you some tips for succession planning as a […]
Introduction One of the biggest impediments to finding new fundraising options for nonprofits is often their refusal to adapt to a changing marketplace. As you might imagine, this can be an obstacle to growth, and can stand in the way of discovering new, more efficient ways to raise money. Nonprofits simply keep doing what they […]