Laura Skiles’ Post

#WSFS Bank’s commitment to supporting small businesses extends beyond mere financial transactions. Check out these small business success stories to see how WSFS is fueling community growth and prosperity! 

#WSFS Bank’s commitment to supporting small businesses extends beyond mere financial transactions. Check out these small business success stories to see how WSFS is fueling community growth and prosperity! 

#WSFS Bank’s commitment to supporting small businesses extends beyond mere financial transactions. Check out these small business success stories to see how WSFS is fueling community growth and prosperity! 

How is Bank of America doing more in our communities? Business Community Officers like Hassan Elsayed are taking proactive steps to educate and support businesses in communities across the country to get the capital they need. This is a great article demonstrating the impact of this great work.

If community prosperity matters to community lenders, are politicians in the US going to provide regulatory support to enable SMB's to survive and thrive? "78% of small business owners are concerned about their ability to access capital, and just 29% say they can currently afford to take out a loan, given current interest rates. And the issue, if it doesn't ease soon, could result in 21% of small businesses closing, 67% halting expansion plans and 85% altering their growth forecast" #smblending #creditunions https://lnkd.in/drMtxy4u

Small businesses are the backbone of the economy and, unfortunately, also an unintended victim of the regional bank crisis that occurred earlier this year. Situations like this lead to a tightening of traditional access to capital for small businesses – putting additional strain on their business and ability to succeed. Hit even harder during these times are small businesses in historically underserved communities where bank branches are not as prevalent. As an ecosystem, we must do whatever we can to help these businesses receive the capital they need. Public-private partnerships can help provide the necessary access to capital that small businesses need in order to grow and give back to their communities. I recently wrote about the value that public-private partnerships can provide to small businesses for Forbes at https://lnkd.in/e_U_74fj

As I continue my journey working for J Galt financial and developing my commercial real estate business, I have been struggling to get a stream of cash flow started. This got me thinking 🧠, how can I use each of these jobs to work for each other to generate a positive cash flow situation 🤔? So today I figured I would explain how J Galt is a game changing situation for small businesses.🏆🚀 J. Galt Financial Suite helps small businesses achieve their financial goals by building and improving their business credit. This can lead to lower interest rates on loans, access to more lines of credit, and better deals from vendors. 💰🏠📈 In addition to helping businesses achieve their financial goals, J. Galt Financial Suite also provides them with the support and resources they need to succeed. They offer a free business credit consultation, access to educational resources, and a variety of tools to help businesses improve their credit. 📊📚🛠️ Here are a few ways J. Galt Financial Suite can be used to motivate and grow your commercial real estate business: Help your clients improve their business credit to make them more likely to qualify for loans and become more successful tenants. 💰 Use J. Galt to finance your own commercial real estate investments with lower interest rates and better terms. 🏠 Network with other business owners and investors through J. Galt's large network of clients and partners. 🚀 Overall, J. Galt Financial Suite is a valuable partner for small businesses looking to improve their business credit, achieve their financial goals, and grow their businesses. 🏆📈 Now in terms of my personal situation, I will continue to have faith 🙏 in the process! J Galt provides so much that as the word spreads, the cash flow issue will be solved 💪. As for my company, I believe that this organization WILL be utilized to actually establish a solid foundation for my organization. Their ability to get me more access to capital with little to no guarantees will allow me to grow at a rate that allows me to make a difference in local communities across the country! You have to start somewhere. Sometimes it starts with a post! The future is looking bright 😎 for both J Galt and my future company 📈 ! #giveback #brightfutures #motivation #businesscreditbuilding #entrepreneurshipeducation #accesstocapital #gettingstarted #commercialrealestate #dreamsintoreality #helpingyouhelpothers

📢 Attention, Small Business Owners and Advocates! 📢 Did you know that the Federal Reserve is considering a proposed regulation that could have detrimental effects on small businesses, particularly minority-owned businesses? 🚫📉 A nationwide survey conducted by Goldman Sachs, 10,000 Small Businesses Voices, revealed that access to capital is already a significant challenge for small businesses, and this proposed regulation could make obtaining loans more expensive and difficult. 😱 The survey found that 78% of small business owners are concerned about their ability to access capital, with 53% stating they can't afford to take out a loan given current interest rates. Minority-owned businesses, especially those that are Black-owned, face even greater obstacles in accessing capital. While 43% of Black business owners applied for a loan or line of credit in the past year, only 26% received the full funding they requested. 😔 We need your support to stop this squeeze on small businesses! Join the nationwide campaign, "Tell the Fed to Stop the Squeeze on Small Business," and make your voice heard. 🗣️🚫 Let's ensure policymakers understand the devastating impact this proposed regulation could have on the growth and success of small businesses, particularly those owned by minorities. Together, we can advocate for policies that support small business owners and foster economic equality. 💪🌟 Read more about this issue and take action now: https://lnkd.in/gGuSBmpg #SmallBusinessesMatter #SupportMinorityOwnedBusinesses #StopTheSqueeze #EconomicEquality #AdvocateForChange

TRUE SECRET OF FINANCIAL FREEDOM Are you ready to unlock the gateway to financial freedom? I'm a single women entrepreneur and I'm pretty actively investing in things and growing my wealth, says the lady in front of me. I have a beautiful life and everything, but I'm getting to the point where I want a beautiful home. I want a nice home. I want two homes really, in two different places. Okay, why not. So which master plan is most appealing to you? Business, Bank account or your better half? My bank account, passive income. I want to be able to work because I enjoy it, but I don't want to have to work! I get it. So what is your current biggest challenge being focused on your bank account? Happening right now? I would say probably the biggest challenge is that my business is not making a lot of money. So, I'm not getting a lot more money to then reinvest. I hear so many women who want to become financially Independent, but they don’t make a lot of money in their business. But here's the deal – you have a burning desire deep within you. You envision not just one, but two beautiful houses gracing your life, and a steady stream of $6000 in passive income flowing effortlessly into your bank account each month. It's time to turn this desire into reality! But, something has been holding you back, hasn't it? You can't quite pinpoint what it is, but you know there's a blockage impeding your progress. Well, it's time to unearth and conquer it! You've realized that to achieve different results, you need to take different actions. You're ready for a breakthrough, a transformation that takes you beyond your comfort zone. It's time to explore new possibilities and evolve in ways you haven't considered before. If your business isn’t making enough money to reinvest, you probably don’t attract high yield clients, and that’s because you don’t make an emotional connection with your audience. Understanding their needs, desires, and fears will guide you in creating an offer that truly resonates. An offer that feels like an absolute no-brainer for them to enroll because it aligns perfectly with what they need and want. So, my fellow Single Sisters, are you ready to breakthrough your barriers, make that emotional connection, to create an irresistible offer that your audience can't resist? Let's embark on this journey together and watch as your dreams start to materialize before your very eyes! With this event you move from insight to income. If this sounds like music to your ears? I think you are going to love Awaken Your Bliss Goddess LIVE. It’s an 3-Day Event to help you create a Peerless Proposition Offer and turn high yield leads into paid clients. THE FIRST 10 WOMEN WHO REGISTER get a High Vibrational Prize! The tombola will be hold on December 31th, to give 2024 a good omen. Who is ready to receive it? You can sign up here: https://lnkd.in/e9SmXRiJ

What can a credit union do to grow their business membership? Focusing on business members allows credit unions to leverage their strengths, such as community ties and personalized service, to meet the needs of this vital segment of the economy. Synergent https://lnkd.in/e4q2sQer