Fulton Bank’s Post

Here are some economic charts and trends and how they might impact small businesses (link below)... consumer health, bank lending, inflation, interest rates, etc. https://buff.ly/49Z4X3x #profitmastery

Confidence among small business owners could be one of the first indicators of economic resiliency in the U.S. #iamkey #businessbanking #smallbusinessmonth

Small Business Outlook for 2024! The latest insights from the Federal Reserve's "Beige Book" survey, reveal the resilience of small businesses amidst economic uncertainties. Despite tightening credit access and cautious lending practices following recent banking crises, entrepreneurs remain optimistic about the year ahead. While challenges persist, incremental improvements in key sectors and favorable trends signal potential for a robust recovery. Read the complete article to delve into the dynamics shaping the small business landscape and uncover strategies for navigating the evolving economic landscape in 2024. #CreditAccess #EconomicTrrends #bankingTrends https://lnkd.in/gAZbhxTv

The Fed says the Eras Tour has provided an economic boost estimated at $5B. Financial institutions are indirectly impacted by this "Swift Effect" through their #businesscustomers – especially those located within the cities on the tour list. We look at what small businesses across the country are doing to tap into the Swift Effect, how you can support them and how your #communityfinancialinstitution may benefit. https://lnkd.in/esrTnerE #PCBBBID

There are a lot of emotions tied to opening a brand-new business, including excitement and fear. But Fifth Third Bank, with 165 years of banking experience, knows the ins and outs. Fifth Third offers tips to entrepreneurs such as the importance of a strong business plan and how to create one. #smallbusiness #businessbanking

There are a lot of emotions tied to opening a brand-new business, including excitement and fear. But Fifth Third Bank, with 165 years of banking experience, knows the ins and outs. Fifth Third offers tips to entrepreneurs such as the importance of a strong business plan and how to create one. #smallbusiness #businessbanking

There are a lot of emotions tied to opening a brand-new business, including excitement and fear. But Fifth Third Bank, with 165 years of banking experience, knows the ins and outs. Fifth Third offers tips to entrepreneurs such as the importance of a strong business plan and how to create one. #smallbusiness #businessbanking

There are a lot of emotions tied to opening a brand-new business, including excitement and fear. But Fifth Third Bank, with 165 years of banking experience, knows the ins and outs. Fifth Third offers tips to entrepreneurs such as the importance of a strong business plan and how to create one. #smallbusiness #businessbanking

There are a lot of emotions tied to opening a brand-new business, including excitement and fear. But Fifth Third Bank, with 165 years of banking experience, knows the ins and outs. Fifth Third offers tips to entrepreneurs such as the importance of a strong business plan and how to create one. #smallbusiness #businessbanking

𝗥𝗲𝗱𝗲𝗳𝗶𝗻𝗶𝗻𝗴 𝗬𝗼𝘂𝗿 𝗗𝗲𝗯𝘁 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆: 𝗛𝗼𝘄 𝘁𝗼 𝗢𝘃𝗲𝗿𝗰𝗼𝗺𝗲 𝗖𝗼𝘀𝘁𝗹𝘆 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 🤝 🤔 Tired of feeling like your business is boxed in by pricey loans? You're not the only one. Many small and medium businesses get stuck paying more than they should, limiting their growth and profit. But it doesn't have to be this way. 💯 If you stay stuck, the consequences are clear: continued financial drain, missed opportunities for expansion, and falling behind in the competitive race. It's a downward spiral that could jeopardize your business's future. Here’s your game plan to break free: ⭐️ Negotiate: Reach out to your lenders. Demand better rates and terms. You've got more power than you think. ⭐️ Look Elsewhere: Don't settle. Credit unions, online lenders, and other non-traditional sources might offer the financial relief you need. ⭐️ Get Your Finances in Shape: Cut costs, boost your income, and manage your money smarter. Better financial health means better loan terms. With these steps, you'll be well on your way to saving money and expanding your financial horizons. How have you successfully tackled high-cost debt in your business? Share your experience below! 👇 #strategy #smallbusiness #innovation #bankingindustry #financialsolutions #communitydevelopment