Ep. 311: How to Get Lines of Credit While Waiting for Grants to be Reimbursed with Stephen Halasnik

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Stephen Halasnik is the Cofounder and Managing Partner of Financing Solutions and has over 25 years of business experience dealing with banks. Stephen explains the different ways new nonprofits can raise money, the downsides of nonprofits getting a line of credit, and why nonprofits should avoid using credit cards for a line of credit. He also talks about what banks look for in nonprofits, how much revenue a nonprofit should be making, and the different types of people you want on a nonprofit’s board. Resources mentioned in this episode: ✨The Nonprofit MBA Podcast ✨The Entrepreneur MBA Podcast ✨New Grant Funding Opportunities for Small and Emerging Nonprofits ✨How to Secure Funding for Your School or Non-Profit ✨How to Navigate Inflation and Get More Funding for Your Nonprofit Rate, Review, & Follow on Apple Podcasts “Every time I listen to Holly’s show, I learn something” <– If that sounds like you, please consider rating and reviewing my show! This helps me support more people — just like you — move toward writing higher quality grants without overwhelm, and to start and grow successful grant writing businesses! Click here, scroll to the bottom, tap to rate with five stars, and select “Write a Review.” Then be sure to let me know what you loved most about the episode! Also, if you haven’t done so already, follow the Grant Writing & Funding podcast. I’m adding a bunch of bonus episodes to the feed and, if you’re not following, there’s a good chance you’ll miss out. Follow now!" ------------------------------------------------ ✨💌 Get FREE Grant Writing Resources when You Join the Grant Writing Hub Haven: grantwritingandfunding.com/get-started/ 👉💰🖥️ Grant Writing Master Course: grantwritingandfunding.com/grant-writi…ter-course/ 🖥️🔥 👉 Want to get paid to write grants? grantwritingandfunding.com/freelance-g…ter-course/ 🤗☕👉 Want to increase funding strategies for your grantwritingandfunding.com/nonprofit-s…c-planning/ ——————————————————————————— To learn more about this episode AND get the full links for each of these, click here: grantwritingandfunding.com/311 Favor, please? If you love this podcast, would you please do me a favor and leave a review on iTunes or your podcast listener? This helps others find the podcast and I read each and every review! If you have any questions, feel free to email holly@grantwritingandfunding.com Thanks for listening! Holly Rustick Expert Grant Writer & Bestselling Author ✨💌 Visit grantwritingandfunding.com for the Hub Haven Grant Writing Resources

THE DOORS ARE OPEN TO THE FREELANCE GRANT WRITER ACADEMY! The Academy is for new and aspiring grant writer so you can Replace Your Full-Time Income, on Part-Time Hours, Writing Grants & Funding Assets from Home. Join before Sunday, June 22nd at 11:59 pm EST. https://grantwritingandfunding.com/academy