For more information contact:
Eric Standlee, 281-377-6296, eric@americanprudentialcap
ital.com
May 12th, 300 plus Professionals gather for Netweaving with InHouston
Uptown Park, Houston, Texas – Wednesday May 12th, hundreds of business professionals from inside and outside the Houston metroplex and even from outside the country gather together for pay-it-forward netweaving with servant leadership. From 2pm to 8pm people from front-line business development to owners and shareholders wanting to meet like-minded business professionals will come when they can and leave when they have to. The mixer fills the back end of the bar overspilling into the patio with 350-400 professionals at the Tasting Room Uptown Park at 110 Uptown Park Boulevard Houston, Texas.
The group started on LinkedIn as the brainchild of local Houston business owner to bring together Houston area businesses on-line. Soon, Eric Standlee, InHouston’s Founder and principal with his family-owned alternatve funding firm American Prudential Capital, Inc., realized that people meeting on-line help each other better when they meet off-line too. Through this netweaving, Eric has helped add millions to their company’s top-line sales revenue. Anecdotal evidence points to the group generating millions more in new top-line revenue for many of the members as well. RSVPs are being take at http://inhouston.ning.com/events up till May 12th, 2010, the day of the event. Directions and more details can be found on the Uptown Mixer’s event page there.
Eric Standlee speaks regularly around the Houston area to groups small and large about “Driving Revenue Using Social Networking.” Since 1989 Houston-based alternaive funding firm American Prudential Capital, Inc. has financed businesses not only across Texas but also from coast to coast. Bank alliances and proprietary services have propelled APC to the forefront of respected names in the industry. APC offers tried and true commercial accounts receivable management and finance along with unique funding solutions for startups, acquisitions and high growth companies. More information regarding American Prudential Capital, Inc. can be obtained from their website http://www.americanprudential.com/.
In an address delivered Friday March 19, 2010, by Sheila C. Bair, the Chairman of the FDIC, Ms. Bair said, “Small businesses create two thirds or more of all net new jobs. And they overwhelmingly rely on credit provided by community banks.”
She went on to explain that while “overall bank lending is down” by the largest decline since 1942, “the smallest banks…actually increased their loans by more than half of one percent.”
We agree with Ms. Bair on this; community banks are essential to our economy and they ARE doing their share and more to provide credit to our small business community.
“The worst excesses”, according to Ms. Bair, “that led to the credit crisis were not generated by community banks.” Most of the subprime and nontraditional mortgages were not in the community banks.
Ms. Bair is correct that “While so many big banks keep pulling back, (Community Banks) are hanging in there doing (their) best to support the credit needs of our struggling economy. That deserves recognition in Washington, and all our thanks.”
So, I suggest you thank a community banker today in a way he/she will really understand, do your banking with them! Vote with your feet. What you deposit with them they loan out to businesses in your community which creates local jobs for your friends and relatives.
If you don’t know a good community banker, give me a call at 713-690-8877 x 211 and I will hook you up with a community banker in your area. I will call the banker personally and introduce your company.
The Bank CEO Network has been helping Community Bank CEOs improve their banks’ performance for 17 years. The information and ideas gained from industry experts and other CEOs can be especially useful in difficult times. If you are a community bank CEO, we invite you to contact us to see whether The Bank CEO Network might be a good option for you.
Bankers speak candidly about the Services of The Bank Advisory Group
“We have used The Bank Advisory Group for over ten years to analyze bank purchases, review overall bank performance and do ESOP valuations. Our board and senior management have always respected their professionalism, financial review and candid remarks. As a result, we believe we are getting a thorough analysis, whether it be for a merger or a financial review of our bank.”
Warren Buffet is quoted as saying, “Be Fearful When Others Are Greedy. Be Greedy When Others Are Fearful.”Dave Ramsey said during his Town Hall event on April 22, 2009, “We don’t have to participate in the recession.”
Instead, this can be a really great time to start a business, which is antithetical to what people presume.The down market can provide lower costs of real estate in terms of leasing space and lower labor costs because people are willing to work for less or for deferred payments with the option of equity.
Larger groups of people are open to taking that chance of being an entrepreneur, because being laid off is that kick in the pants they needed to take their idea to the next level. It is our belief that these people will be the ones to help lead the country out of this recession.
However, funding a new business can be a challenge.Asking for loans from your family can be a dangerous undertaking.After all, you want to be able to go home at Thanksgiving, no matter what happens!
Things to consider include whether you have enough operating capital so that if you have clients that don’t pay their invoices for 30, 60, or 90 days, you can still operate your business.
Or you can work with American Prudential Capital who can fund your accounts receivables immediately and collect your invoices while you focus on growing your business and creating success.
Small businesses created more than 60 percent of all new jobs in the past decade; today, about half of all private-sector jobs in the United States are at small companies like Moore’s. They generate more medical and technological patents per employee than big corporations, and history shows that they’re the first to begin hiring at the end of a recession. In short, small business has long fueled our country’s growth and expansion. But that’s the insidious trap of the current credit crunch — it’s threatening to squelch American innovation, which could hold the key to our recovery.
“With banks in lockdown mode, small businesses with big potential are being stifled. Why Main Street innovators matter to us all.”
“If you want to understand what’s wrong with the economy, consider Deborah Moore. After working as a nurse-practitioner for 15 years, Moore launched a medical transcription company from her home seven years ago, mostly to be closer to her two kids. The company, called AccuStat EMR, has grown dramatically: Moore still handles transcription services, but she also helps hospitals transfer their records from paper files to electronic documents. Since the federal government wants most hospital records to be stored electronically by 2014, it’s a booming business. Moore has big clients, like the University of North Carolina Student Health Center, Beth Israel Hospital in Boston, and the Missouri Department of Corrections, and her revenue in 2008 was $35 million. Her only problem? She can’t get a loan.”
American Prudential Capital has 20 years of history on the side of businesses like this. We help these businesses grow despite their inability to get business loans.
GMAC Commercial Finance Announces the Sale of its Poland Factoring …FOXBusiness - Jul 2, 2008CF Poland is a factoring and promissory note discounting operation based in Warsaw, Poland. The sale of CF Poland, which is expected to be completed by July …GMAC Commercial Finance sells Polish division CNNMoney.comSEB says buys GMAC unit in Poland Reutersall 23 news articles
