Jordan Burroughs, CUDE

Many miss out on an opportunity to expand or jumpstart their business because they don't know about all the resources out there. 💡 Great Lakes Commercial Finance offers the SBA 504 Loan Program which assists small business owners in acquiring financing for fixed assets. 🏦 There is so much more to learn about all the benefits that come with utilizing the program--these Lunch & Learns can give you the breakdown that you and your staff need. 📝 Don't miss out on the valuable insight GLCF's expert staff has to offer. ☺️

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Women SMALL Business Owners, Are You Ready To Do BIGGER Business w/ Major Organizations? If so, join us on June 6, for Supplier Readiness Roundtable by Queen City Women in Business Sponsored by Fifth Third Bank in Partnership w CVMSDC & SBA, Thurs June 6 for a Community info-session for Women Small Businesses w/ Q&A & more. Register Now! https://lnkd.in/gCDsZkCq As a Participant, You Will: -Learn from Women Business Owners what it's like to do business w/major organizations! -Discover if Government Contracting is right for your business! -Hear what Procurement Managers look for in Small Businesses & how to get certified! -Discover organizations currently helping women businesses get prepared & primed for bigger business! Who this is for: This workshop is perfect for diverse women small business owners in business 2 or more years, who are looking to expand their business opportunities by partnering with major organizations. It's particularly beneficial for those interested in corporate or federal government contracting and wanting to understand the certification process and programs for minority women and women of diverse backgrounds. backgrounds. Additionally, it's ideal for women who want to learn from the experiences of other women business owners and gain insights from procurement managers on how to prepare for larger-scale business opportunities. #QCWIB #supplierreadiness #roundtable #womenownedbusinesses #supplierdevelopment

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Is #networklending a new concept for you? Then you don't want to miss this webinar explaining how it can help your #creditunion now. Network lending not only ensures financial institutions can adapt dynamically to market needs but also facilitates operational efficiency which lowers your cost of acquisition and increases share of wallet. At its core, network lending embodies the spirit of #cooperation and #innovation, driving sustainable growth and fostering stronger connections.

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In honor of #CommunityBankingMonth, here are stories from 6 banks about how their work helps customers achieve their dreams. These banks are showing the true meaning of community in the latest issue of #IndependentBanker: https://lnkd.in/eJtE9FuT

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We are pleased to announce that PATF’s subsidiary, Appalachian Assistive Technology Loan Fund (AATLF), has received a Community Development Financial Institutions (CDFI) Fund award totaling $800,000. AATLF will use these funds to provide assistive technology (AT) financing to people with disabilities in Pennsylvania and Kentucky, as well as development services to its clients. Our organization is part of a community of CDFIs that serves low-income people and people with disabilities across America. The CDFI Fund has awarded a total of $408.2 million in Financial Assistance (FA) to 357 CDFIs. The awards, provided by the U.S. Department of the Treasury, were made through a combined fiscal year (FY) 2023-2024 funding round of the CDFI Program and the Native American CDFI Assistance Program (NACA Program). These two programs present monetary awards to invest in and build the capacity of CDFIs, empowering them to grow, achieve organizational sustainability, and improve the quality of life for low-income people and people with disabilities across America. CDFIs use FA awards to meet goals such as: expanding operations into a new investment area or areas; serving a new targeted population or populations; providing new products or services; or increasing the volume of products or services. Here is the official CDFI Fund award announcement: https://lnkd.in/gbCmXwta #CDFIs #Fund #Loan #Award

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🍑 Hot off the press! Check out the latest edition of Peachy Posts for all the latest uplifting, feel great stories from Georgia's Community Banks & Bankers!  From industry news to exciting events, we've got you covered. Don't miss out on what's happening in Georgia's community banking scene! 🔗 Read the full Peachy Post https://buff.ly/41SGJFi #PeachyPosts #CommunityBanking #CBAofGA #BankingNews #GeorgiaBanking

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The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has awarded $408.2 million in Financial Assistance (FA) awards to 357 CDFIs across the country as part of the FY 2024 CDFI and NACA Programs! 🎉 With an unprecedented surge in applications (40% increase in CDFI Program and 30% in NACA Program), these funds will empower CDFIs to expand operations, introduce new services, and drive economic revitalization in underserved communities. 🟢 Highlights: $257.1 million in Base-FA awards to 332 CDFIs in 43 states, DC, and Puerto Rico. $43 million to serve Persistent Poverty Counties (PPC-FA). $48 million for healthy food access (HFFI-FA). $12.95 million for projects assisting individuals with disabilities (DF-FA). Special support for Native American communities through $43.2 million in NACA Program awards. Kudos to the 91 CDFIs receiving their first-ever FA award, making a significant impact on their communities! 🙌 Let’s keep pushing for greater financial inclusion, sustainable growth, and community development. #CommunityFinance #CDFI #EconomicGrowth #FinancialInclusion #NACA #PersistentPovertyCounties #HealthyFoodAccess #ImpactInvesting #CDFIFund #Treasury

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ACES Quality Management Enhances ACES Deposit Account Audit Pack for Banks and Credit Unions: The pre-configured audit pack is designed to assist financial institutions with meeting the deposit account monitoring requirements from the Federal Deposit Insurance Corporation (FDIC) and other prudential regulators. “The monitoring of both new and existing deposit accounts is an important component of any strong consumer risk management program,” said ACES CEO Trevor Gauthier. “With the ACES Deposit Audit Pack, banks and credit unions can quickly and easily automate oversight of their deposit accounts to ensure compliance and mitigate risk.” Read the Press Release: https://bit.ly/3SvaKaW #consumerlendingqc #consumerlendingqualitycontrol #newdepositaccountqualitycontrol #depositaccountqualitycontrol #acesqualitymanagement #acesquality

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Two purpose-driven #creditunion organizations are partnering to get better #regulatory #compliance help into the hands of small and Minority Depository Institution (MDI) credit unions. https://lnkd.in/dv3ZAmww ViClarity - US Inclusiv John Ogie Sheehy Andrea Lally #regtech #governace #risk #compliance #audit #vendormanagement #complaintmanagement

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Join Temple University Small Business Development Center TOMORROW at 3PM for their 'Fraud and Risk Management for Small Businesses' webinar! Discover a variety of frauds, learn the best practices in protecting your business against them, and MORE! 💼🛡️ Join here ➡️: https://ow.ly/ybeM50Ttysh #PASBDC #SmallBusiness #RiskManagement

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Your strategic progress can only move at the pace of your vendor partners. Bank's and credit union's business structure are reliant on vendors. Are you treating vendor management as a strategic priority? Rochdale #NCUA #compliance #vendormanagement #riskmanagement

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New reporting rules from the National Credit Union Administration have made it easier to understand exactly how much institutions earn from fee income. Check out my first piece for CreditUnions.com! 😁 https://lnkd.in/eE6huMA2

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Loan Readiness Cohort Interest Meeting ↗️🔗 https://lnkd.in/eb8M9jwa Join us for an informative session about our upcoming Loan Readiness Cohort, designed specifically for small business owners looking to secure funding and enhance your business’s financial health. During the meeting, you'll learn about the program's benefits, the application process, and how we can help you improve your loan application success rate. #smallbusiness #catalystcenter #smallbusinessowner #entrepreneur #businesstips #entrepreneurship #entrepreneurtips #loan #businessloan #loanreadiness

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Navigating the SBA loan process can be challenging, but with the right guidance, you can secure the funding your small business needs. Here are some additional tips to strengthen your application: 💡 Build Strong Relationships with Lenders: Establish connections with local banks and credit unions that offer SBA loans. Personal relationships can sometimes make a difference. 📊 Leverage Free Resources: Utilize SCORE's free mentoring services to refine your business plan and financial projections. Our experienced mentors can provide insights tailored to your business needs. 📝 Stay Organized: Keep all your documents, from financial statements to tax returns, in order. A well-organized application can speed up the approval process. 📈 Showcase Your Business Potential: Highlight unique aspects of your business and market opportunities to make your application stand out. 💼 Consider Alternative Funding Options: If you're not eligible for an SBA loan, explore other funding sources like microloans, grants, or crowdfunding. Ready to take the next step? SCORE Seacoast is here to guide you through every step of the application process! 🌟 #SmallBusiness #SBALoan #BusinessFunding #FinancialProjections #SmallBusinessSupport #LoanTips #BusinessGrowth

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Credit unions can buy and sell loan pools through Loan Participations, freeing up funds for growth, diversifying assets, reducing risk and more. Catalyst Corporate Federal Credit Union takes the complication out of Loan Participations and makes it easy to sell or invest. Check out the video for a brief primer.

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Prepare your business for the unexpected! ✨ Build an emergency fund to ensure stability during tough times. Aim to save 3-6 months of operating expenses to keep your business secure and thriving. ✅ At UVA Community Credit Union, our elevate Small Business Banking Program is here to support you every step of the way! 🔗 https://lnkd.in/eMPCiwJJ #SmallBusinessSuccess #EmergencyFund #BusinessTips #ElevateYourBusiness #FinancialWellness

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In this Travillian Next episode, Chris Nichols, Director of Capital Markets at SouthState Bank, highlights product managers' crucial role in community banks. 🎧: https://lnkd.in/erBDyGub Chris points out that a lack of focus on product development and customer experience leads to underperformance. He stresses the need to hire skilled individuals in marketing and finance and encourages banks to collaborate with core providers on new products and technologies. The discussion ends by emphasizing the importance of training and talent development for successful product management. Don't have 20 minutes to listen to the podcast? No worries! Click the link above for four quick key takeaways from the conversation. Travillian Host: Keith Daly, Principal - Banking & Fintech Search #communitybanking #bankingindustry #finance #customerexperience

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