BayCoast Bank’s Post

🔓 Unlock growth potential for your small business with these top 3 benefits of expanding through SBA 504 financing: 🔺 Financial Flexibility: SBA 504 offers small businesses the flexibility to expand without a significant drain on cash flow. With lower down payments and favorable terms, you can navigate expansion strategically while maintaining financial stability. 🔺 Stable and Predictable Costs: Enjoy the stability of long-term fixed interest rates. SBA 504 financing shields your business from interest rate fluctuations, providing predictability in your financial planning. This stability is crucial for sustainable growth. 🔺 Community Impact: Beyond business growth, SBA 504 expansion may lead to job creation incentives. By contributing to local employment, your business becomes a catalyst for community development. It’s a win-win scenario for both your business and the neighborhoods you operate in. Seize the opportunity to expand your small business with confidence and lasting impact! 🚀🏢 #SBA504 #SmallBusinessExpansion #GrowthOpportunities #its504somewhere #smallbusinessowner

On this week's WCBS Small Business Spotlight, sponsored by Dime Community Bank, learn about the rapid growth happening in Long Island City's business district. Continue reading: https://okt.to/CiHcs4

It's great to have Harry and Tom with us at MCC this week, learning all things Credit Control and what it is like to run a business. Day 1 must have gone well as they are back for day 2, all ready to get started ⏩ #workexperience #nextgeneration #learningnewskills

💰 WeLL, Small Business Owners... Who wouldn't want an extra 30-40% in their back pocket? 💸 At SFG (Speaks Financial Group, that's us!), we're all about championing you – the hardworking small business owners who fuel our economy. 💪 🌟 Our payment processing solutions are designed with you in mind. And don't just take our word for it, the numbers talk! Switching to SFG can potentially save you a whopping 30-40% compared to current provider. They say numbers don't lie, right? 😉 So, why wait? Let's get those savings started. Be smart with SFG! Because when Small Business Wins, We All Win. 🎉 #SmallBusinessSavings #SpeaksFinancialGroup #SFGSavings.

In celebration of National Small Business Week, 🎈 the Arizona SBDC invites you to join us on Tuesday, April 30 from 10:00 AM – 11:30 AM for a special event to learn from the experts about how to prepare for and fund your small business for growth. During this session, you will:  -Learn practical advice on crafting a strong business plan, creating financial projections, and presenting your business in the best possible light to increase your chances of securing funding.  -Know the funding options available to small businesses and considerations to determine which funding sources align best with your business goals.  -Gain firsthand lender insights into what they look for when evaluating small business funding requests. From creditworthiness and collateral to cash flow projections and industry trends, learn what factors lenders consider most important and how to position your business for success in the eyes of potential funders.   We encourage you to join this session to equip yourself with real-world advice and strategies essential for the growth and success of your small business.     Register Here https://lnkd.in/g5nTV6XS AZSBDC Network #funding #advice #strategies #nationalsmallbusinessweek  

Happy 2024 National Small Business Week and PA Small Business Week! This week, we acknowledge the contributions of Small Businesses in our communities for their hard work, dedication, and giving back. There are 1.1 million Small Businesses in PA which employs 2.6 million people. That is 45.8% of employees in PA. Develop Tioga is here for you as a resource for your small business. We can assist with business plans, low finance loans, marketing needs, and so much more! Please reach out to us. We enjoy sharing stories about our local small businesses. In the comments, please share about your favorite small businesses and tag them. #2024PASmallBusinessWeek #developtiogatogether #EconomicDevelopment

Can Strategic Financial Services help Faith-Based Organizations? We helped a church through our Business Credit Builder program get $18,000+ with no credit check, no personal guarantor and no collateral. You're not restricted to this program only, we just thought we would share! I would highly recommend that you attend one of our upcoming events since we're on tour or schedule a paid strategy session to determine the type of funding that's available for you within the next 3-15 days as well as how to prepare for more funding in the future with or without collateral and easy qualifications. #faithbasedfunding #getcapital #businessfundingaccess #share

Grateful to have spent this past week chatting on financial literacy with EDRAY out in Charlotte! 📈 Thank you Gavin Everingham and Joshua Wilson, PHR for helping set up the interaction. Wonderful people, and a great, budding company to join as well 😊. "3 of the most important money questions you need to ask yourself are 1. How much time do I have until I reach my goal? 2. What risk am I willing to take to achieve my goal? 3. How is my money taxed when contributing, growing, and distributing money for my goal?"💡 #financialplanning #EDRAY #Charlotte #tax #risk #time

Let's Celebrate! October is National Women’s Small Business Month ✨👏 In 1972, there were just over 400,000 women-owned businesses in the US. But the journey to success was far from easy. Until 1988, women needed a male relative to co-sign for a business loan. However, change was on the horizon. The Women's Business Ownership Act of 1988 opened doors by increasing access to capital through the SBA, providing vital financial assistance to organizations focused on women-owned small businesses. 💼💰 Fast forward to 2019, and the impact is clear: Women-owned businesses represented a remarkable 42% of all US businesses, generating a staggering $1.9 trillion in revenue! And the story continues to evolve! Today, there are over 13 million women-owned businesses, and that number is growing every day. 📈 Learn more about how the U.S. Small Business Administration honors women-owned businesses every year: https://bit.ly/3EXVwnr.

Family Business Finance Expert Every family business owner should have and maintain a relationship with a family business finance expert – that is the advice offered by family business strategy master Don Schwerzler.  At a recent family business roundtable attended by a group of family business owners, Schwerzler led the discussion about capital needs that many family businesses may require to grow and to remain successful. In years past, family business entrepreneurs tended to rely on family and friends to raise money to start and operate their business. Many were immigrant families – where their financial “bankroll” was sweat equity – long hours and hard work! As the family’s business grew, some were able to use a local community bank to get a loan or a line of credit. But as the local banks were swallowed up by the larger regional and national banks – banking relationships for many family businesses became more formal and less user friendly.