A Line of Credit... Just in Case
If you’re running a nonprofit business then the chances are you’re trying to do good in the world. All of your efforts, and the efforts of your employees, are pulling in a positive direction. In the eyes of the law, though, this doesn’t mean you don’t have the same responsibilities and liabilities as other businesses. […]
It’s decision time: How should I purchase the equipment I need to run my business correctly—get a business loan or buy the equipment with a business line of credit? At some point, every business, large and small, has to acquire business equipment to operate—and few will have the adequate funding on hand to purchase that […]
Over the past 25 years, I have built 6 companies in the $5 million to $25 million in revenue range with two of them making the INC 500 fastest-growing list. An outsider might think I self-financed all those companies, but the reality is that I used Factoring and business lines of credit to get me […]
Summary: In today’s episode, Stephen Halasnik and his guest Barbara Alves discuss the difficulties that business owners have at new revenue levels. As exciting and thrilling as having a new business can be, it can also present some of the biggest challenges while passing different revenue levels. For small businesses, the challenges that come with […]
Summary: In today’s podcast episode, Stephen Halasnik and his guest Chris Moschovitis discuss how nonprofits can compete using technology. Technology has evolved immensely over the past decade and has opened up many more opportunities for businesses while saving money and time. The idea to leverage technology in a small nonprofit can receive mixed reactions. Some […]
Summary: In today’s podcast episode Stephen Halasnik and his guest Eric Rosenberger discuss personal finance mistakes that business owners make. Whether you have owned your business for years, or maybe you are a small startup, these money mistakes can be applied to anyone. New business owners should be aware of their personal financial planning before […]
Summary: In today’s podcast episode, Stephen Halasnik and his guest Dr. Allen Abbott discuss how to use scholarships to secure major gifts for your nonprofit. It is no secret that in order to make things happen and achieve a nonprofit’s mission, you need the resources to do so. Sometimes fundraisers and other means of securing […]
Summary: In today’s podcast episode, Stephen Halasnik and his guest Margit Brazda Poirer discuss how you can thrive during all seasons, no matter how the economy is doing. During the Coronavirus pandemic, many nonprofits have struggled immensely. Maybe you had to furlough employees, fundraising was cut back, or simply your overall business model was forced […]
Summary: In today’s podcast episode, Stephen Halasnik and his guest Chris Saxman discuss how to raise funds from angel investors and venture capitalists. When first-time businesses or existing businesses are looking at how to raise funds, they look for potential investors. Accredited investors are those investors who have a special status granted to them under […]
Summary: I am a Managing Partner at Financing Solutions and we are the leading provider of Nonprofit Lines of Credit in the US. Over the last 25 years, I have built 6 companies and I have personally dealt with banks numerous times. A nonprofit line of credit can be used for a multitude of scenarios, […]
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