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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. \n\nStephen 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. \n\nHe 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\u2019s board.\n\nResources mentioned in this episode:\n\u2728The Nonprofit MBA Podcast\n\u2728The Entrepreneur MBA Podcast\n\u2728New Grant Funding Opportunities for Small and Emerging Nonprofits\n\u2728How to Secure Funding for Your School or Non-Profit\n\u2728How to Navigate Inflation and Get More Funding for Your Nonprofit\n\nRate, Review, & Follow on Apple Podcasts\n\n\u201cEvery time I listen to Holly\u2019s show, I learn something\u201d <\u2013 If that sounds like you, please consider rating and reviewing my show! This helps me support more people \u2014 just like you \u2014 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 \u201cWrite a Review.\u201d Then be sure to let me know what you loved most about the episode!\n\nAlso, if you haven\u2019t done so already, follow the Grant Writing & Funding podcast. I\u2019m adding a bunch of bonus episodes to the feed and, if you\u2019re not following, there\u2019s a good chance you\u2019ll miss out. Follow now!"\n\n------------------------------------------------\n\u2728\U0001f48c Get FREE Grant Writing Resources when You Join the Grant Writing Hub Haven: grantwritingandfunding.com/get-started/\n\U0001f449\U0001f4b0\U0001f5a5\ufe0f Grant Writing Master Course: grantwritingandfunding.com/grant-writi\u2026ter-course/\n\U0001f5a5\ufe0f\U0001f525 \U0001f449 Want to get paid to write grants?\ngrantwritingandfunding.com/freelance-g\u2026ter-course/\n\U0001f917\u2615\U0001f449 Want to increase funding strategies for your grantwritingandfunding.com/nonprofit-s\u2026c-planning/\n\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\nTo learn more about this episode AND get the full links for each of these, click here: grantwritingandfunding.com/311\n\nFavor, please?\nIf you love this podcast, would you please do me a favor and leave a review on iTunes or your podcast listener?\n\nThis helps others find the podcast and I read each and every review!\n\nIf you have any questions, feel free to email\nholly@grantwritingandfunding.com\n\nThanks for listening!\nHolly Rustick\nExpert Grant Writer & Bestselling Author\n\n\u2728\U0001f48c Visit grantwritingandfunding.com for the Hub Haven Grant Writing Resources