Lone Star National Bank’s Post

Discover the Ultimate Hub for Funding Resources 🏦💰 - A Game-Changer in Community Lending! Uncover how community-based lender, with relaxed regulations, is revolutionizing access to funds from various sources. Explore the opportunities of grants for your desired developments and seize the advantage! #FundingResources #CommunityLending #GrantsOpportunity #BankingInnovation #ResourceHub #FinancialAssistance #GameChanger #AccessToFunds #DevelopmentOpportunities #LendingRevolution https://lnkd.in/gSMZAer3

Lending repayments to help new people get their business growing!

Responsible lender Plend launches their "Financial Inclusion Report 2024: A Divided Nation", a study of the UK's slow and uneven recovery from the cost of living crisis. The survey of 4,000 people reveals unsettling financial fragility in UK households, with disproportionate impact on women; Black, Asian and Minority Ethnic households; and families with children. Plend's recommendations for improving access to consumer credit include: - modernising credit scoring methodologies - a national financial inclusion strategy, starting with a Fair Banking Act - financial support from government for inclusive lending products - a more effective referral system for consumers declined by banks (Disclosure: I was an early investor in Plend.) #impactinvesting #financialinclusion Robert Pasco James Pursaill Yvonne Fovargue Responsible Finance Olivia Norman Alice Tapper Luke Lang Opinium ClearScore University of Bristol Nationwide Building Society Joseph Rowntree Foundation (JRF) Big Society Capital Fair By Design StepChange Debt Charity

Check out RDFC's first podcast and learn more about the SBA 504 Loan Program!

My first week at Movement Bank and here is what I have learned: 1. They really make you feel welcome your first day and week! 2. This is a true community bank 3. All profits go back to the community-this is MIND BLOWING 4. Top of the house down believes in the purpose 5. Did I mention ALL profits go back to serve the communities? Check out Movement Foundation to learn the how and more importantly the WHY This is a different kind of bank! #communitybanking #communitybanker #serveyourcommunity #businessbanking #communitybanker #movementbank #movementfoundation

ℹ️ A Credit Union is a nonprofit-making money cooperative whose members can borrow from pooled deposits at low interest rates. 👇 The main difference between the two is that banks are typically for-profit institutions while credit unions are not-for-profit and distribute their profits among their members. #WealthManagement #CashFlowManagement #RetirementPlanning #LoanOptions

🔵 Today is #BlueMonday, and we get it – the post-holiday blues can hit hard. Many of us are still feeling the pinch after Christmas, and the next payday seems like a distant dream. 💸 If you’re struggling or need advice turning your financial frown upside down, look no further! 🛒 GroceryAid has teamed up with StepChange Debt Charity to provide free and confidential advice to colleagues facing financial challenges. 💙 Whether it’s budgeting, manging debt, or you just need a bit of guidance, they’ve got your back. 🌐 Check out the link for more information on how GroceryAid and StepChange can help you make positive changes to your finances: https://lnkd.in/dn5kd-tD Remember, you’re not alone, and there’s support available. Let’s turn this Blue Monday into a day of empowerment and financial well-being. 💪 #FinancialHelath #PositiveChanges #GroceryAid #StepChange #BlueMondayBlues #Cafea #CafeaUK #Coffee #PrivateLabel

Access to cash is crucial for financial inclusion across the UK. With bank branches and ATMs closing, vulnerable communities are facing financial exclusion and higher costs. Cash continues to help low-income families and those with disabilities manage their finances and supports local businesses dealing with high card transaction fees. Preserving access to cash is essential for ensuring everyone can participate fully in the economy. Let's advocate for solutions that maintain cash accessibility and promote a fair, inclusive financial system for everyone. #Cash #FinancialInclusion

🌟 **Understanding the Difference: Bank vs. Community Credit Union** 🌟 Navigating the financial world can be a bit tricky, especially when choosing between a traditional bank and a community credit union. 🤝 Let’s break it down: **1. Ownership Structure:** - **Banks** are for-profit institutions, owned by shareholders. - **Community Credit Unions** are non-profit entities, owned by their members (each account holder). **2. Purpose and Mission:** - **Banks** aim to maximize profits for shareholders. - **Credit Unions** focus on serving their members, providing affordable financial solutions and reinvesting profits back into the community. **3. Rates and Fees:** - **Banks** might have higher fees and interest rates on loans but offer more varied services. - **Credit Unions** typically offer lower fees, higher interest on savings, and lower rates on loans. **4. Community Impact:** - **Banks** operate on a larger scale, often with national or international reach. - **Credit Unions** are community-focused, promoting local development and member welfare. **5. Accessibility and Technology:** - **Banks** usually provide extensive online and mobile banking tools, with widespread ATM networks. - **Credit Unions** may have less extensive technology but are rapidly improving in this area and often participate in shared ATM networks. Choosing the right financial institution depends on your personal needs and values. If you prioritize personalized service and community support, a credit union might be right for you. If you need a wide array of services and technological convenience, a bank could be the better choice. 🔑 **What's your preference? Let's discuss in the comments!** #FinancialLiteracy #Banking #CreditUnion #CommunityFinance #ChooseWisely

Comment “FUND” to learn everything you need to get funding.💰 Follow➡ @creditcareofdmv #Credit Repair #Creditrepaircourse #Diycreditrepair #creditcoach